YFI Price Soars 71% in a Week Amid Whale Activity and High Ethereum Fees, But Remains Far Below All-Time High
-
YFI, a DeFi protocol token, has exploded in price amid more whale activity and new addresses.
-
YFI transactions over $100k have surged to highest since July 2022 per analytics firm Santiment.
-
Ethereum fees have risen back to their highest levels in 4 months says Santiment.
-
Traders still have a bullish bias which historically leads to flat or fading markets.
-
YFI is up over 71% in the past 7 days but remains down 89% from its all-time high.