Some capitulation in AXS
Our screener has highlighted an exchange inflow outlier in AXS...
... along with a significant loss on NRPL:
This appeared to be a trace of a single very wealthy wallet moving funds to Binance.
This wallet AXS holdings chart:
The wallet dumped 3.6 million AXS to Binance shortly after some weird pump happened:
Why? Capitulation? Weak hands? We don't know. Just a serious move.
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