On-chain data from EtherScan showed 1.78 billion XCN transferred in 24 hours, with a transaction value of $31 million.
That surge came from 3,596 transactions, involving 1,414 unique receivers and 992 unique senders—a total of 1,668 unique participants.
Notably, large network transfers often precede either price rallies or selloffs. In this case, the activity appeared linked to strategic accumulation rather than panic exits.
That surge came from 3,596 transactions, involving 1,414 unique receivers and 992 unique senders—a total of 1,668 unique participants.
Notably, large network transfers often precede either price rallies or selloffs. In this case, the activity appeared linked to strategic accumulation rather than panic exits.
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