5 hours ago
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Wedson noted that large volumes of various altcoins have been steadily flowing out of Binance — a pattern he believes often precedes upward momentum. Tracking net token movement using Binance’s flow charts, he explained, offers insight into investor behavior. On this chart, red signals token outflows, which Wedson interprets as a bullish sign for select coins.
He identified several tokens experiencing the highest withdrawal rates, including Ethereum (ETH), Chainlink (LINK), Maker (MKR), and Artificial Superintelligence Alliance (FET), among others.
The list also featured smaller-cap assets like SLP, 1INCH, YGG, and OGN — all of which have seen substantial movement away from centralized exchanges.
Wedson emphasized Ethereum’s position in particular, noting that despite recent market turbulence, accumulation continues. As exchange reserves of ETH decline, he suggested this could be laying the groundwork for future price strength.
As traders anticipate the arrival of a broader altcoin rally, some appear to be positioning early — and the blockchain is quietly recording every move.
The post Altcoins Quietly Leave Binance – Is Accumulation Heating Up? appeared first on Coindoo.
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