The Kaspa price is outperforming the market today with 9% pump and is now trading above $0.073 which is a new week high.
Low-level account on X ‘Kaspa Daily’ posed a chart in which they explained how KAS is moving off exchanges.
What you'll learn 👉
Massive KAS Outflow from Exchanges
The chart shared by Kaspa Daily tracks Kaspa exchange holdings and price movements over a one-month period from March 12 to April 10. The data reveals a huge trend: around 500 million KAS tokens have left exchanges during this timeframe.
On March 12, exchange holdings stood at around 3.18 billion KAS. By April 10, that number had dropped to about 2.68 billion which confirms the big outflow mentioned in the tweet. The withdrawal pattern shows a mostly downward trend, with particularly steep declines occurring from late March into April.
Interestingly, during this same period, the KAS price didn’t immediately respond to this supply reduction. The Kaspa price actually declined from roughly $0.085 to $0.062 which means broader market pressures were still affecting Kaspa despite the changing supply dynamics.
Read also: Kaspa (KAS) Secures New Exchange Listing as Crescendo Upgrade Sees Massive Leap
What This Could Mean for Kaspa’s Future
When large amounts of cryptocurrency move off exchanges, it typically signals one of two things: either users are transferring tokens to cold wallets for long-term holding, or they’re preparing to use the tokens for other purposes such as staking or DeFi activities.
The reduction in available supply on exchanges creates tighter liquidity conditions. With fewer tokens ready for trading, even a small increase in buying could push Kaspa’s price up quickly. The current trend of tokens leaving exchanges also means there’s less selling pressure, which could help prices rise if the market mood improves.
If you’re keeping an eye on Kaspa, look at how the price responds to market changes, where tokens are moving on the blockchain, and whether tokens start flowing back to exchanges. These signs might tell us if people are holding for the long term or getting ready to use Kaspa for something specific.
So far, the price hasn’t jumped much despite these changes in supply. But the foundation seems to be forming for price movement when more buyers enter the market. It looks like bigger holders might be getting ready for what’s next in Kaspa’s development.
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