Key Insights From Today’s On-Chain Behavior
- APE token staking is finally live and has received over $6m in inflows
- Lots of stable-coin inflows from exchanges to Smart Money in the past 24H
Smart Money Overview
- The largest outflows from exchanges over the last 24H from Smart Money were BUSD ($45.9m), USDT ($28.3m), USDC ($15.4m), and ETH ($11.3m).
- The large outflows of stable-coins into Smart Money wallets continues to show the risk-off nature of its market participants.
- The largest inflows into exchanges over the last 24H from Smart Money were APE ($182k) and 1INCH ($100k).
- The inflow of APE into exchanges could...