CoinMeta data: According to Arkham monitoring, a whale address with the ID 0xf82 extracted 1 million PancakeSwap ( CAKE ) tokens from Bybit, worth approximately $2.16 million. In addition, this whale also extracted 800 BNB tokens, valued at around $576,000. The core team of PancakeSwap previously proposed a " the flip " governance plan, which aims to increase the proportion of transaction fees from the liquidity pools of V3 and Infinity allocated to liquidity providers ( LP ) to 88%, covering all 11 supported blockchains. At the same time, they plan to reduce the daily effective emission of CAKE from 22,500 tokens to 7,000 tokens, a decrease of about 69%.