Crypto Express

07/16 04:06

SONIC Accumulation or exit liquidity?

Sonic’s spot exchange netflows have remained consistently negative, recording a fresh -$495.89K outflow at press time. 

This ongoing trend suggests that investors continue to withdraw their holdings from centralized platforms, potentially favoring cold storage or DeFi opportunities.

However, this pattern could also indicate a lack of confidence in short-term price performance. 

While net outflows often reflect bullish accumulation behavior, they can just as easily signal capital rotation or risk-off sentiment. 

#Share Your Thoughts on Popular Assets in June#Claim1,200 USDT in the Monthly Creation Challenge#Focus on NFT#Do you think Tanssi is promising? #Trump family backs TRON's US listing

61Share