ICP on Exchanges Shrinking â Whales Are Accumulating
đ Recent on-chain data shows ICP supply on centralized exchanges has declined significantly â a signal many whales are hoarding, not trading.
Hereâs what stands out:
âą Large transfers from exchanges to cold wallets / neuron accounts
âą Decrease in liquidity pools that often correlate with sell pressure
âą Accumulation from addresses holding 100K+ ICP sharply rising
When the supply available for sale dries up, the next upward price move tends to be sharp.
⥠Combined with momentum from Caffeine AI, staking yields, and chain fusion integration, whale buying puts ICP on the verge of a strong breakout.
Letâs watch this play out. đ„
#icp #InternetComputer #WhaleAccumulation #SupplyDynamics #BinanceInsights