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via BeInCrypto · By BeInCrypto Editorial
MORPHO Logs Record Exchange Outflow Since Token Trading Began
MORPHO
MORPHO/USDT
$1.96
+0.41%
$1.96
+0.41%
(24s)24h Volume
$3,043,215.88
24h H/L
$1.967 / $1.938
Change: $0.0290 (1.50%)
Funding Rate
+0.0031%
Longs pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(07:30 AM UTC)
1 min read
Traders moved 5.59 million Morpho (MORPHO) tokens off exchanges in a single day, the largest net outflow since the token began trading in November 2024, according to Santiment.
The withdrawal pulled roughly $10.8 million of supply out of trading venues. However, MORPHO still changes hands near $1.94, leaving the on-chain signal without a matching price move.
Record Outflow Beats July’s Korean…
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