FET following the uptrend
FET did +47% in USD on Monday.
Moods are not much different then yesterday.
One onchain data FET chart looks interesting, it's Average Token Age Consumed that shows the average number of days that the tokens were idle before being moved on a certain date.
Is it coincidence that it spiked exactly at the bottom on May 10th?
Onchain event behind this: someone moved 346K FET to Binance.
Why?
Thanks for reading!
If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!
Never miss a post from Garry Kabankin!
Get 'early bird' alerts for new insights from this author
Conversations (0)