🤔 LPs are accumulating more $LOOKS tokens

By Candlestick | Candlestick | 25 May 2022


 

$LOOKS liquidity providers are accumulating more tokens and adding to the liquidity pool

 

$LOOKS LP Distribution
Top lps saw continued growth since May 10.
Top 10: 78% to 85%
Top 20: 89% to 92%

It indicates Top lps loaded $LOOKS in their bags during a price downtrend. 

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$LOOKS Net Add Amount for Liquidity
- $1.03 on May 10 was a clear turning point. Add & remove amount saw notable increases on both sides.
- It happened in sync with changes in the lp distribution.

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We found more details 👇

 

$LOOKS Top LPs by Total Value Locked
- Recorded a significant TVL change by lp 0x...8740 in Uniswap V2 $LOOKS & $WETH pool
- This lp holds a 70% share, and TVL has increased by 197% ($2M $LOOKS) since 2 days ago

👀 Real-time metric 👉 https://www.candlestick.io/crypto/looksrare-token/liquidity-provider/top-lps/

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