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.

Take care.