KAITO: Addresses Withdraw $5.22M From Exchanges
KAITO sees four addresses pull $5.22M from Binance and Coinbase in 24 hours at $1.009 average, while 4h chart shows bearish EMA structure at $0.9.
SourceAnalysis
KAITO manipulating addresses stayed active, with four new wallets withdrawing a combined $5.22 million worth of tokens from Binance and Coinbase over the past 24 hours.
The latest move saw address 0x13a…C51A8 extract 1.98 million KAITO valued at $2.01 million from Binance at $1.009 three hours ago, continuing the pattern of fresh wallets sourcing funds from major exchanges.
Price action on the 4h chart sits at $0.9 inside a bearish trend defined by EMA50 resistance at $1.1 and EMA200 support at $0.9, with MACD locked in a death cross at -0.04 while RSI at 34.04 signals neutral momentum; the token tests the lower Bollinger band support at $0.91, suggesting volatility exhaustion could target the $1.29 upper band only after a sustained reclaim of the 50-EMA confluence zone.
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