Cryptocurrency analyst Joao Wedson believes the trend signals a strategic accumulation phase by deep-pocketed players, often referred to as “smart money.”

Wedson points to exchange data showing a notable shift: tokens like Ethereum (ETH), Chainlink (LINK), Maker (MKR), and Dogecoin (DOGE) are among a broader basket of altcoins seeing consistent net outflows. According to him, this behavior often reflects a pivot toward cold storage, suggesting holders are not looking to sell any time soon.

“The pattern hints at reduced exchange liquidity and possible supply compression,” Wedson said, noting that such activity historically precedes price moves when supply gets tight and demand picks up.

Among the tokens reportedly moving off Binance are GHST, AAVE, 1INCH, SHIB, ALICE, FET, ILV, UMA, CRV, and SLP—spanning both established and emerging projects.

Though it’s not unusual to see capital rotation in crypto, the scale of these outflows has drawn attention, especially given Binance’s dominance in global crypto trading. Wedson emphasizes that activity on this platform often acts as a barometer for institutional sentiment.

With retail investors focused on price charts, the quiet reallocation of altcoins off exchanges may be a sign that larger forces are positioning early—once again reminding the market that significant moves often begin in silence.

The post Altcoin Exodus from Binance Sparks Speculation of Institutional Accumulation appeared first on Coindoo.

---

Filed under: Bitcoin - @ July 13, 2025 5:00 pm