2026-01-15 06:52:38

Market observations indicate that the liquidity pattern of KNC is undergoing subtle changes. Continuous net outflows from exchanges suggest that the circulating supply is tightening, which often signals a shift in market sentiment.

More notably, the issue of holding concentration. Large institutions and whale wallets currently control 28.3M KNC, which accounts for approximately 27% of the exchange circulating supply and about 40% of the network circulating supply. What does such a high level of off-chain concentration imply? Liquidity risk and potential price volatility are both present here. When such levels of holdings experience anomalies, market reactions are often significant.

KNC-3,96%

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ETH_Maxi_Taxi

· 12h ago

Are whales holding 40% of the circulating supply? This is the real ticking time bomb. Wait, net outflows tightening supply... I feel like I've seen this script before. 28.3M held by a few big whales, do you really dare to touch it? Regarding liquidity risk, there have actually been signs in the exchanges for a while, but no one paid attention. This round of KNC is a bit risky... too much concentration is not a good thing. Whales moving can cause explosions, that's true. With such concentrated holdings, will the price fluctuate up or down? It feels like a powder keg, just waiting for someone to light it.

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MoneyBurner

· 12h ago

Net outflow + whale accumulation, I've seen this routine before, always be cautious --- 28.3M held off-chain, which has a bit of a breaking-the-deadlock vibe, just see who acts first --- Wait, 40% of circulating supply is locked? Isn't this the best signal for building a position? --- High concentration = high risk, I want to try the opposite approach --- Net outflow from exchanges sounds good, but whales might dump the market at any moment, do you want to bet or not? --- On-chain data looks great, but the question is, when will retail investors get to enjoy the gains? --- 27% of exchange circulating volume is controlled by institutions, in other words, they make money based on their mood --- Is this hinting that I should buy the dip or run away? Please help --- Liquidity is tight + whale position changes, the next move might really be coming --- I just want to know when these institutions will sell so I can set my stop-loss orders

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PretendingSerious

· 12h ago

40% of the circulating supply is held by whales, how reckless do you have to be to hold such a heavy position --- With such high concentration, it’s basically waiting for a big surge or a crash, feels like a casino --- Net outflows tighten supply... sounds good, but I’m more concerned about when the whales will move --- These institutions are really playing tricks, controlling the market with just 28.3M, retail investors are still dreaming here --- Liquidity risk? To put it plainly, it could crash at any moment, don’t be naive --- Oh, 27% of the exchange supply is controlled by whales, it’s hard for the price to stay stable --- I just want to know when these institutions will start selling, that’s the real highlight

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DeadTrades_Walking

· 12h ago

Whales are stockpiling again. A 40% concentration is just too outrageous. Where's the decentralization we promised?

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ChainDoctor

· 12h ago

The whales are about to make a big move again, holding 40% of the circulating supply. How much do they want to dump before they do it?

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SpeakWithHatOn

· 12h ago

Whales are stockpiling again, and us retail investors really can't keep up.

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ShamedApeSeller

· 12h ago

Whales are stocking up again, it doesn't seem like a good sign. Liquidity tightening is exactly like this, with 40% off-chain... it’s really a bit harsh. Wait, is this data real? Feels like a dump could happen at any time. Is KNC about to take off or crash? It's really hard to tell. With such a large amount held by big players, retail investors need to be extra cautious.

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