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Alpha Radar: YFII rally ends, Upbit facing bank-run?

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...