Dormant KAS Supply Climbs to 70% – Could This Tight Supply Boost Kaspa Price?

The Kaspa (KAS) network is starting to show some interesting shifts. Two key trends are catching attention: long-term holders are sitting tight, and one major wallet is quietly stacking more KAS. Together, these moves are shrinking the amount of KAS circulating on exchanges, and the community is starting to take notice.

According to data shared by Kaspa Daily, over 70% of Kaspa’s total supply hasn’t moved in more than three months. That’s a 12% jump in dormancy since December. The tweet pointed to this as a sign that more holders are locking up their tokens and staying patient, possibly expecting higher prices ahead.

The chart backs that up. From December 2023 through June 2025, the percentage of inactive KAS has climbed steadily. What’s more interesting is that even during price drops in February and May, long-term holders didn’t budge. That kind of behavior usually points to people storing tokens offline or simply holding without flinching during market dips.

Price-wise, the chart shows some key levels worth watching. The $0.07 zone has held up as strong support more than once, while $0.14 remains a tough ceiling that KAS hasn’t broken yet. Right now, the KAS price is bouncing back from early June lows and sitting around $0.10, a level that could set the stage for a bigger move if momentum builds.

Kaspa Wallet #2 Accumulates Over 6 Million KAS

Kaspa Daily also reported that Kaspa Wallet #2 added 6.1 million KAS in a confirmed transaction. The tokens, worth over $547,000, were transferred directly from the Bybit exchange on June 10. This transaction continues a broader pattern of step-by-step accumulation by the same wallet since June 1.

Chart data shows Wallet #2 steadily increased its balance from 730 million to roughly 756 million KAS over several transactions. The wallet’s consistent additions, especially during flat or declining price periods, indicate a calculated accumulation strategy. All movements have involved tokens withdrawn from exchanges, suggesting reduced intention to sell.

This behavior complements the broader dormancy trend. It also reduces the amount of KAS available on exchanges, which could influence price movements in the event of rising demand.

KAS Combined Signals Point to Supply Compression

The combination of long-term dormancy and wallet accumulation suggests that less KAS is circulating on the open market. While Kaspa price has shown volatility in recent months, the underlying data indicates that core holders remain unmoved by short-term fluctuations.

This environment of limited supply may affect price dynamics if buying interest increases. With Wallet #2 continuing to withdraw from centralized platforms and long-term holders maintaining positions, the structure of the KAS market appears to be shifting toward lower liquidity on exchanges.

Both updates from Kaspa Daily are contributing to increased attention on Kaspa’s on-chain behavior. Market participants are now closely watching for any move past the $0.14 resistance zone, which may signal renewed bullish momentum.

Read Also: Pi Coin Price Prediction for Today (June 10)

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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