The latest monitoring by the cryptocurrency market data analysis platform Santiment shows that although the overall market is in a consolidation phase, there have been significant transfers of several well-known tokens to exchanges in the past 24 hours, attracting market attention.
Firstly, approximately 0.21% of the supply of Worldcoin (WLD) was transferred to Bybit, which may indicate that investors are taking a wait-and-see attitude towards the short-term prospects of this token. Meanwhile, about 0.20% of the supply of staked Ethereum (stETH) also flowed to Bybit, reflecting an increase in market demand for liquidity.
In addition, Mantra (OM) and Reserve Rights (RSR) saw approximately 0.20% and 0.14% of their supplies transferred to Binance, potentially signaling that investors are seeking new trading opportunities. It is worth noting that Maker (MKR) and Movement (MOVE) also had about 0.12% and 0.08% of their supplies transferred to Coinbase and KuCoin, further reflecting the dynamic changes in the market.
These significant transfers of tokens may indicate different expectations among market participants regarding future price fluctuations and are worth continuous attention.