On-chain Insights: Trader Joe, Binance Outflows and Smart Money Movements

- Trader Joe is going from strength to strength as the token has increased in price by over 20% in the past day, with Binance perps listing set to launch tomorrow.
- Binance is facing outflows as a result of CTFC’s lawsuit against it, with stablecoin outflows in the past 7 days taking up over 13% of stablecoin reserves.
- Smart Money movement continues to be centred around ETH and its derivatives, suggesting that the market is cooling for a bit.