On-chain fund flow strategy looks at both ends: large holders depositing to exchanges usually means that near-term selling pressure will rise; when the protocol side continues to repurchase, it simultaneously withdraws circulating supply. When deposits surge while the price is weak, treat it as position reduction first—you need the repurchases to absorb the selling pressure before you can talk about a reversal.
At the current price, MOVE is at 0.009062, down 6.7% over the past 24 hours, and it falls squarely into the combination of deposit volume surge plus price weakness. Watch whether the 0.0090 level can hold; if it breaks, refer to 0.0086. Only when sustained buy pressure from repurchases shows up and the price reclaims above 0.0095 can the selling pressure be considered absorbed.
#MOVE
At the current price, MOVE is at 0.009062, down 6.7% over the past 24 hours, and it falls squarely into the combination of deposit volume surge plus price weakness. Watch whether the 0.0090 level can hold; if it breaks, refer to 0.0086. Only when sustained buy pressure from repurchases shows up and the price reclaims above 0.0095 can the selling pressure be considered absorbed.
#MOVE