Instant surge "CAKE trading volume surges 10 times

The perpetual trading volume of Binance CAKE/USDT surged tenfold within 10 minutes, with a turnover of 24.2 million US dollars in the past 24 hours, a decrease of 0.48%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.