Key Insights from Today’s on-chain behavior

• Significant selling pressure on YFII as attributed to large inflows into exchanges and selling by smart money.
• Data shows highly imbalanced inflow / outflow behavior on South Korean exchange Upbit.

Smart Money Overview

Smart Money Token Inflows

• In the past 24h, smart money received the largest inflows of wETH tokens, followed by stables.
  • $22.1m inflows of WETH into smart money wallets in the past 24H
    • Largest change attributed to Airdrop Pro wallet, who wrapped 10,003 ETH for WETH and proceeded to selling...