๐ MASSIVE ACCUMULATION: HEX TRUST WITHDRAWS MILLIONS IN H TOKENS AND ACCELERATES THE RALLY
An institutional wallet tagged as Hex Trust has set off alarms for on-chain trackers by withdrawing a fortune in H tokens from multiple centralized exchanges. This massive supply outflow to private custody is drying up the available supply and pushing the price up.
Key data on the on-chain impact:
๐ฆ Flash Withdrawal: The entity withdrew 19.84 million H tokens in just 20 hours, according to detailed monitoring by analyst Ai Yi.
๐ Market Power: With this move, the firm has accumulated a total of 182 million H in the last two days, claiming 6.42% of the entire circulating supply of the token (around $121 million).
โก Price Explosion: The drastic reduction of tokens on trading platforms caused an immediate supply shock, driving the price of H up by more than 25% to the $0.70 range.
๐ฅ When one of the largest institutional custody firms hoards over 6% of an asset in 48 hours, whales anticipate an imminent macro move.
#HexTrust #WhaleAlert #HToken #OnChain #Binance
๐ HOW FAR WILL THE H RALLY GO?
The massive liquidity withdrawal from exchanges clears the way of immediate resistances. Smart money is now watching the old ceilings to consolidate them as new institutional support levels.
๐ Tap the charts below to monitor the price of H and Bitcoin in real-time ๐
$BTC $H
An institutional wallet tagged as Hex Trust has set off alarms for on-chain trackers by withdrawing a fortune in H tokens from multiple centralized exchanges. This massive supply outflow to private custody is drying up the available supply and pushing the price up.
Key data on the on-chain impact:
๐ฆ Flash Withdrawal: The entity withdrew 19.84 million H tokens in just 20 hours, according to detailed monitoring by analyst Ai Yi.
๐ Market Power: With this move, the firm has accumulated a total of 182 million H in the last two days, claiming 6.42% of the entire circulating supply of the token (around $121 million).
โก Price Explosion: The drastic reduction of tokens on trading platforms caused an immediate supply shock, driving the price of H up by more than 25% to the $0.70 range.
๐ฅ When one of the largest institutional custody firms hoards over 6% of an asset in 48 hours, whales anticipate an imminent macro move.
#HexTrust #WhaleAlert #HToken #OnChain #Binance
๐ HOW FAR WILL THE H RALLY GO?
The massive liquidity withdrawal from exchanges clears the way of immediate resistances. Smart money is now watching the old ceilings to consolidate them as new institutional support levels.
๐ Tap the charts below to monitor the price of H and Bitcoin in real-time ๐
$BTC $H