Recently, I've been keeping an eye on the BSC chain and noticed a striking phenomenon—one address has an unusually high frequency of CAKE purchases.

This isn't ordinary trading behavior. After tracking the on-chain records for half a month, I found this address’s operations in the V3 liquidity pool to be textbook-level: on average, there’s a purchase every 10 minutes, all executed at market price with no tentative limit orders. The latest transaction data speaks for itself—$1,250 was used to buy 488 CAKE directly, at a unit price of $2.56, which exactly matched the market price at the time.

What’s even more remarkable is the consistency. On November 1st alone, this address bought 147,000 CAKE in a single day. Based on the average price that day, the capital input was nearly $370,000. The daily trading frequency exceeded 140 transactions, a level of intensity that's almost impossible for retail investors. As of now, the address holds a total of 910,000 CAKE, and at this rate, it will soon surpass one million.

This buying pattern has several characteristics: first, no price discrimination—purchases are made directly at market price; second, stable frequency, as if set by an automated program; third, large volume, with daily inflows reaching six figures in USD. Considering the special nature of the liquidity pool and the consistent buying strategy, the logic behind this is worth pondering.

Some might ask: why accumulate so much CAKE?