only 4 coins moved enough to matter today, so this is a quiet one, and the quiet part is the interesting part.
off exchanges: $OGN, 2.9% of its market cap pulled out in a day, that's a real chunk for a coin that size. $API3 followed, $431K out.
onto exchanges: $JTO and ORCA both sent in supply that can be sold, under 1% of cap each, nothing dramatic.
the one that stands out isn't flow, it's positioning: PUMPBTC saw -$7.8M hit its book, more than its entire open interest in size, while DOGE crowd sits 72% long and price is red. people leaning one way while the tape disagrees.
watching whether that PUMPBTC flush was one account or the start of something.
NFA
off exchanges: $OGN, 2.9% of its market cap pulled out in a day, that's a real chunk for a coin that size. $API3 followed, $431K out.
onto exchanges: $JTO and ORCA both sent in supply that can be sold, under 1% of cap each, nothing dramatic.
the one that stands out isn't flow, it's positioning: PUMPBTC saw -$7.8M hit its book, more than its entire open interest in size, while DOGE crowd sits 72% long and price is red. people leaning one way while the tape disagrees.
watching whether that PUMPBTC flush was one account or the start of something.
NFA