According to Ai 姨 (@ai_9684xtpa), the recent transaction was merely a gas optimization, reducing from 256 to 128, and not related to a new CAKE token launch. This clarification is crucial for traders focusing on CAKE, as it dispels rumors of a new token release, allowing for a more accurate market strategy. Ai 姨 suggests further verification by other developers to ensure accuracy.

According to Santiment, the cryptocurrencies experiencing the highest increase in whale activity this week are FTN, OKB, DAI (on Optimism), WETH, and CAKE. These tokens have seen significant trading interest from large investors compared to their usual activity levels, indicating potential market moves worth monitoring.

According to @OnchainDataNerd, following @cz_binance's endorsement of BNBCHAIN, there was a notable pump in BNB tokens, with significant accumulation by whales. Notably, @theveeman withdrew 500k CAKE (~$1.21M) and 3.88M TST (~$698k) from Binance, indicating possible strategic repositioning by large holders, which could impact trading dynamics.