$KITE Over $1.4 Million Tokens KITE Withdraws To Internal Wallets

KITE is showing notable internal fund movements, signaling a retrieval of tokens from the market back to the storage wallets.

🔸Today, approximately 9,839,000 KITE tokens ($900,000) were transferred to 2 internal wallets.

🔸Also today, another batch worth $530,000 in KITE followed the same route to the wallet.

🔸 Withdrawing tokens from exchanges to internal wallets is typically a bullish sign in the short term as it reduces the floating supply available for sale.

The project team is withdrawing over $1.4 million in tokens from exchanges. Do you think this is good news or bad news ? Are you holding KITE?

News is for reference, not investment advice. Please read carefully before making a decision.