$BICO SUPPLY SHIFT RAISES DISTRIBUTION RISK ⚠️

Biconomy-linked wallets reportedly unstaked 90 million $BICO and sent funds to a Top-tier exchange near recent local highs. Independent CEX netflow data also points to rising exchange balances, with reported balances up roughly 30%.

The pattern matters because repeated unstaking followed by exchange deposits can indicate supply moving closer to potential sell-side liquidity. For traders, the key issue is not one transaction, but the recurrence near strength and the broader confirmation from exchange flow data. This setup warrants caution until flows stabilize and spot demand proves able to absorb the added supply.

Not financial advice. Manage your risk.

#bic #Crypto #Altcoins #OnChain #BinanceSquar

🛡️

BICO
BICOUSDT
0.0252
-6.70%