Kaspa Daily

$KAS funding rate at 0.9655% daily, the highest reading in six months. Longs are paying a premium to hold exposure despite the spot correction. Aggressive positioning into weakness usually sets up one of two outcomes: a squeeze if spot reclaims, or a long flush if it doesn't. #KAS #Kaspa

Some whales flipped to distributing. Holdings down to 6.67B $KAS from the late-April peak near 6.75B. Not a cascade, just a steady drift lower for now after four months of accumulation off the January lows. #Kaspa #KAS

Kaspa a corrigé depuis des sommets locaux près de $0.040 et reteste maintenant la MA 30 jours (~$0.0345) en tant que support. La MA 30 jours a croisé au-dessus de la MA 90 jours fin avril, un changement structurel constructif après des mois où la MA plus rapide se trouvait en dessous. Le prix a tenu au-dessus des deux depuis. Comment $KAS réagit à la MA 30 jours est crucial ici. Un rebond clair maintient la structure de reprise intacte. Une cassure en dessous amène la MA 90 jours (~$0.033) en jeu comme prochaine référence. #Kaspa #KAS

Kaspa long-term holder supply (1y+) printing a new all-time high. Coins held over a year continue to trend upward despite price volatility. Long-term supply growth through sideways and corrective phases is one of the cleaner accumulation signals, it strips out short-term speculation and shows what holders with the lowest time preference are actually doing. $KAS #Kaspa #KAS source: kaspalytics

Bybit en tête des sorties avec environ 6M $KAS, mais Gate.io, MEXC, et ChangeNOW montrent maintenant des entrées significatives (~2-3M chacun), avec Bitget, Uphold, et Bitvavo également en positif net. Après plusieurs jours consécutifs de larges sorties, aujourd'hui met fin à la série. Les entrées sont dispersées sur plusieurs plateformes plutôt que concentrées, reflétant le modèle de largeur qui a défini la période de sorties #Kaspa #KAS

Kaspa at $0.04049, +4.9% on the day, now 17.9% above its 30d MA and 23.0% above its 90d. The internals are showing a clean divergence between participant groups. Whales (10M+ KAS) added 6.71% to their holdings in the past week, 7% over the month, now sitting on 6.68B $KAS . Exchange reserves continue to bleed, with three-day flows net negative. Realized cap flat at $608M despite the price move, meaning aggregate cost basis hasn't shifted, accumulation absorbing distribution. Miners going the other way. Hashrate down 3.3% vs the 30d average, Hash Ribbons bearish (30d MA below 60d MA), Puell Multiple at 0.64. Classic miner weakness pattern, even as spot price strengthens. Open interest at $50.7M (+12.4% vs 7d avg), funding rate at 0.9205% per 8h — well above the 0.5724% three-day average. Longs overleveraged, but short liquidations ($82K) still outpacing longs ($58K) over the week. MVRV at 1.83, NUPL at 0.452, neither stretched nor compressed. Market structure consistent with accumulation regimes that precede directional moves, not euphoria. Seems li whales accumulating into miner weakness, with leverage building on top. #Kaspa #KAS

Kaspa mining profitability at $0.2352 per TH/s/day, sitting above the 30-day MA of $0.2095. After months of grinding lower from the mid-2025 highs, profitability has stabilized and is now ticking up alongside price. The "Above Average" signal flips the regime from miner stress back toward neutral-to-positive territory. Historically, the most acute miner pressure, when daily revenue falls well under the 30d MA, tends to coincide with cycle lows and capitulation-driven selling. Profitability moving back above trend usually means that pressure is easing, which removes a key source of structural sell flow. Not a directional call on price, but the backdrop for miners is healthier than it's been in months. $KAS #Kaspa #KAS

Kaspa open interest sitting at $51.2M, edging up over recent sessions. Still well below the $200M+ range from mid-2025, but the trend has flattened since the October drawdown and is now turning slightly higher alongside price. Modest OI growth on a recovering price tends to indicate fresh positioning rather than short covering, though at these levels it's early to call it a shift in regime. $KAS #KAS #Kaspa

Gate. io led outflows at ~7.5M $KAS , with Bitvavo and Kraken close behind at ~3M each. MEXC and Bybit also net negative. KuCoin was the only exchange with a meaningful inflow. This marks 9 consecutive days of net outflows across tracked exchanges. Outflows aren't concentrated at a single venue, which reduces the odds of an internal reshuffle explaining the pattern. #Kaspa #KAS

Les flux d'échange de Kaspa penchent vers l'accumulation depuis fin avril. La dernière semaine d'avril a vu deux pics d'afflux importants (~13M et ~14M $KAS) — une pression de vente qui s'est depuis estompée. Depuis le 29 avril, il y a eu des sorties presque ininterrompues, avec les 9 dernières sessions toutes en négatif net. Des pièces quittent les échanges pour aller en auto-garde. Les vendeurs sont épuisés, les acheteurs absorbent tranquillement. #Kaspa #KAS

Kaspa est dans des signaux mitigés, mais la tension se trouve chez les mineurs. Le hashrate est en baisse de 5,4 % par rapport à la moyenne sur 30 jours, les Hash Ribbons clignotent en indiquant 30j < 60j (territoire de capitulation). Le Puell à 0,57 confirme que les mineurs sont sous pression. Entre-temps, les dérivés penchent vers le bullish : financement +0,54 %, les longs payent les shorts, mais l'Open Interest à 43,1 M$ est en dessous de la moyenne, faible leverage, pas de bulle. Le prix est en hausse de 8,5 % sur 30 jours, 11,6 % sur 90 jours. Les baleines sont stables (+0,48 %), les réserves d'échanges à la base, NVT neutre. Configuration : stress des mineurs + leverage refroidi + holders stables. Historiquement, le genre de base qui se résout à la hausse si le hashrate se stabilise. $KAS #KAS #Kaspa