$MARSCOIN surged 101%, while the S&P 500 moved higher in the opposite direction. Where is the divergence?

$MARSCOIN rose 101.35% within 24 hours, jumping from $0.099059 to $0.205059. During the same period, the S&P 500 index gained 1.06%.

On-chain data shows that exchange holders reduced their positions, while ordinary investors increased theirs.

Data source: CoinGecko market monitoring

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