DeFi Market Overview: Strong Gains for LDO and MKR
The total DeFi market cap has surged to $130 billion, with a daily trading volume of $7.56 billion. Lido DAO and MakerDAO are among the top performers. In the last 24 hours:
- LDO has increased by 4.25%
- MKR has surged by 22%
Analysts expect LDO and MKR to gain another 5% in the short term. However, whale activity suggests some investors are locking in profits instead of holding for further gains.
Whale Activity: Taking Profits Amid Market Recovery
A well-known whale, inverteratus.eth (0x637), recently sold 1,230 MKR tokens. The whale earned 1.78 million USDC at an average selling price of $1,448 per MKR. This trade alone brought a profit of $418,000, marking a 30.6% return.
This isn’t the first time this whale has profited from MKR. In April 2024, the same investor made $1.86 million in gains from a similar trade. In total, this trader has earned $2.27 million from MKR, with a 107% return.
MakerDAO Price Analysis: Can the Bulls Maintain Control?
MKR has surged 45% in a week, forming a Morning Star pattern on the charts. This indicates a potential trend reversal from a four-week downtrend.
- Current Price: $1,437
- Key Resistance: 200-day EMA at $1,527
- Potential Upside: 50% Fibonacci retracement level at $1,630
A breakout above these levels could push MKR towards its all-time highs, possibly exceeding $5,000 in the long term.
Lido DAO: Facing Whale Selling Pressure
Lido DAO (LDO) has also seen major whale movements. A whale known as Chung Wang recently sold 300,000 LDO for 518,000 USDC. This brings his total sales in 2025 to 5.8 million LDO, valued at 10.27 million USDC.
Despite these sales, Chung Wang still holds 2.2 million LDO worth $3.81 million. Another whale, Wolfgang Albrecht, has deposited 2.6 million LDO ($4.51 million) to Binance. In 2023, this investor bought 3.33 million LDO but has since sold most of it, retaining only 50,000 LDO.
Lido DAO Price Analysis: Will Bulls Regain Control?
LDO has shown signs of recovery, currently trading at $1.80. After hitting a 7-day high of $1.95, it aims to reclaim the $2.00 psychological level.
- Bullish Pattern: Trading within a triangle formation
- Resistance Levels: $3.47 (78.6% Fibonacci), then $6.00
- Breakout Potential: A move above the overhead trendline could lead to a strong rally
Will DeFi Tokens Continue Rising?
Despite strong price action, whale activity suggests caution. The following table summarizes key movements:
|
Token |
Price Change (24H) |
Whale Activity |
Future Outlook |
|
MKR |
+22% |
$2.27M profit-taking |
Potential breakout above $1,630 |
|
LDO |
+4.25% |
5.8M LDO sold |
Aiming for $2.00, possible breakout to $3.47 |
While whales take profits, bullish patterns suggest further gains are possible. Traders should watch for breakouts and key resistance levels in the coming days.
