$GRT Binance reserve hit a 6M high of 192.19M tokens on Sep 23; reserve value reached a 6M high of $5.29M on Sep 25. GRT closed at $0.028, just below its 6M peak of $0.029, keeping price and reserve near simultaneous highs. Flows stayed mixed: -11.6M GRT on Sep 20, followed by +10.6M and +10.8M on Sep 21 and 23. Outflow transaction counts surged 470.7% vs. the quarterly baseline, while network active addresses rose 78.3%. The reserve build followed the Sep 16 FOMC cut, but timing alone does not establish causation; repeated accumulation is one unverified explanation. Price and reserve are testing 6M highs together, leaving both breakout and supply-driven pause scenarios open. #GRT #TheGraph