Maple SYRUP Primed for Comeback as Whale Accumulation Signals Bullish Reversal
Whales are circling—and this time, they’re hungry for pancakes.
After weeks of sideways action, Maple Finance’s SYRUP token shows signs of life as deep-pocketed traders stack positions. The move comes amid whispers of a protocol revamp—because nothing screams 'bullish' like a desperate pivot.
Smart money bets on sticky upside
On-chain data reveals a quiet accumulation spree from addresses that last bought before SYRUP’s 2024 rally. Because in crypto, past performance totally guarantees future results—just ask your local leverage trader turned barista.
The play? Institutions might be frontrunning retail yet again. But hey, at least the syrup’s flowing.
Tokens ranked by smart money buying | Source: Nansen
Additional Nansen data shows that the top 100 addresses have increased their holdings by 10% in the last week, now totaling 1.07 billion tokens. Whale holdings also rose by 4% to 9.27 million, while the number of SYRUP tokens on exchanges dropped by 1.7% to 262 million.
Whales and smart money investors are likely buying because of its ongoing growth. Data show that the total value locked jumped to $2.8 billion, up from $540 million as of January 1.
Active loans on the platform now exceed $1.2 billion, while protocol revenue has surged. Maple Finance has already generated $4 million in revenue this year, well above the $2.5 million it earned for all of last year.
In 2024, Maple generated slightly below $2.5M in protocol revenue in 12 months. We are already above $4M halfway through 2025.
Accelerate. pic.twitter.com/m0Jm4BbMf4
SYRUP price technical analysis
The daily chart shows that Maple Finance formed a double bottom at $0.089 in February and April. It broke above the neckline at $0.1930 in May and went parabolic as whales and smart money piled in.
SYRUP has moved above the 50-day moving average and formed an ascending channel. Also, the Relative Strength Index and the MACD indicators have continued rising.
Therefore, the coin will likely continue rising as bulls target the key resistance at $0.6575, its highest point this year. This price is about 22% above the current level. A MOVE above that price will point to more gains to $1.
