$IRYS IS STILL PUMPING BUT EXCHANGE INFLOWS ARE GETTING INTERESTING
My scanner flagged $IRYS 8 hours ago: +14% in one hour, with open interest up 21%.
Then leverage kept piling in. OI jumped from $19.2M to $31M in just 3 hours.
And the move hasn’t stopped. Price just ran from roughly $0.066 to $0.080 in 22 minutes.
But look at the flows. Around 14M IRYS moved into KuCoin, Gate, and Bitget while price was pumping. Another 4.75M IRYS moved from Upbit to OKX in three transfers.
That’s the part I’m watching. Exchange deposits can mean potential selling pressure, but transfers alone don’t confirm a sell
Price is climbing. OI is expanding. Tokens are moving onto exchanges.
#Irys
My scanner flagged $IRYS 8 hours ago: +14% in one hour, with open interest up 21%.
Then leverage kept piling in. OI jumped from $19.2M to $31M in just 3 hours.
And the move hasn’t stopped. Price just ran from roughly $0.066 to $0.080 in 22 minutes.
But look at the flows. Around 14M IRYS moved into KuCoin, Gate, and Bitget while price was pumping. Another 4.75M IRYS moved from Upbit to OKX in three transfers.
That’s the part I’m watching. Exchange deposits can mean potential selling pressure, but transfers alone don’t confirm a sell
Price is climbing. OI is expanding. Tokens are moving onto exchanges.
#Irys