{"id":184785,"date":"2023-11-01T03:05:48","date_gmt":"2023-10-31T21:35:48","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=184785"},"modified":"2023-11-01T03:05:48","modified_gmt":"2023-10-31T21:35:48","slug":"observers-suspect-market-manipulation-as-sushi-rallies-20-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/observers-suspect-market-manipulation-as-sushi-rallies-20-crypto-news\/","title":{"rendered":"Observers Suspect Market Manipulation As SUSHI Rallies 20% – Crypto News"},"content":{"rendered":"

<\/p>\n

Trader Making Large DEX Purchases Could Have Leveraged Long SUSHI Position On dYdX<\/p>\n

\n

SUSHI, the governance token of the popular decentralized exchange, has surged 20% today, outperforming broader markets. However, suspicions have arisen about possible market manipulation driving this sudden increase in value.<\/p>\n

<\/p>\n

SUSHI Price<\/figcaption><\/figure>\n

<\/a><\/p>\n

Blockchain sleuth Lookonchain<\/a> has uncovered evidence suggesting that someone may be manipulating the price of SUSHI for personal profit. A fresh wallet has been observed purchasing large quantities of SUSHI on decentralized exchanges and concurrently depositing USDC on perpetual exchanges like dYdX.<\/p>\n

\"the-defiant\"<\/figure>\n

This pattern has been detected across multiple addresses, hinting at a coordinated effort to inflate the price of SUSHI. Traders may wish to exercise caution as these newly acquired tokens could be dumped at any time.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Trader Making Large DEX Purchases Could Have Leveraged Long SUSHI Position On dYdX SUSHI, the governance token of the popular decentralized exchange, has surged 20% today, outperforming broader markets. However, suspicions have arisen about possible market manipulation driving this sudden increase in value. SUSHI Price Blockchain sleuth Lookonchain has uncovered evidence suggesting that someone may […]<\/p>\n","protected":false},"author":2,"featured_media":184786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-184785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=184785"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184785\/revisions"}],"predecessor-version":[{"id":184791,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184785\/revisions\/184791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/184786"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=184785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=184785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=184785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}