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RE: Hive Supply on Exchanges | Binance Growing? | Data on Deposits, Withdrawals by Date, Top Accounts | May 2024

According to Coingape

High inflows to exchanges are typically indicative of selling behavior, suggesting that investors are either taking profits or reacting to fear, uncertainty, and doubt (FUD) in the market.

I haven't seen any price surges, so I guess we're just fudding.