🚀 SYRUP Soars as Whales Gobble Up Discounts—Maple’s AUM Smashes All-Time High

Whales are feasting on SYRUP's dip, sending prices skyrocketing—just as Maple Finance's assets under management (AUM) hit record highs. Here's the scoop.

The Whale Feeding Frenzy

Big-money players pounced on SYRUP's temporary slump, triggering a violent rebound. No one loves a fire sale like crypto's deep-pocketed traders—especially when there's blood in the water.

Maple's Milestone Moment

Meanwhile, Maple Finance quietly stacked another win: AUM just punched through its all-time high. Because nothing says 'bull market' like institutional money pretending it understands DeFi.

Is this sustainable? Who cares—grab the popcorn and watch the show. After all, in crypto, the only thing thicker than the hype is the irony.

According to its website, its total assets under management jumped to $3.16 billion. The Blue Chip Secured Lending Fund has over $169 million in assets and provides a net APY of 7.1%. The High-Yield Secured Lending fund has an APY of 10% and over $502 million in assets.

Maple’s Bitcoin yield has $177 million in assets, while syrupUSDC’s assets are nearing the $1 billion milestone. This growth has made Maple Finance highly profitable, with data showing that its net earnings rose to $988,000 in the second quarter from $207,000 in the same quarter last year. 

SYRUP price also jumped as on-chain data showed that whales bought the recent dip. Whales now hold 3.3 million tokens, up from 9.48 million on Wednesday this week. Their holdings have jumped to the highest level since July 22. 

Smart money investors have increased their positioning to 17.53 million, while the exchange balance has dropped by 1.7% in the last seven days to 299 million. 

SYRUP price technical analysis

The 12-hour chart shows that the Maple Finance token price dropped to a low of $0.4033 on Wednesday. It then formed a God candle today, July 24, as investors, especially whales, bought the dip. 

SYRUP token has moved above the 50-period and 25-period moving averages. It has also moved above the upper side of the falling wedge pattern, one of the most common bullish reversal signs.

Therefore, the Maple token is likely to continue rising as bulls target the year-to-date high of $0.6600, representing a 30% increase from the current level.