BULLISH 📈 : 16M ADA leave exchanges for self-custody as prices slide

16M ADA left exchanges in 24 hours. Dormant wallets moved as price slid.

Coinglass logged $30M in spot inflows and $32.62M in outflows. Net flow hit -$2.54M. At a $0.16 ADA price, that’s roughly 16M tokens off exchanges.

Santiment flagged unusual on-chain age behavior. Its post on June 10 cited two metrics.

- Mean Dollar Invested Age rose since early May. It stalled in early June. Source
- Age Consumed spiked June 4–9. The June 9 burst was the largest since April. Source

Santiment said older holders re-entered after months of quiet. The timing lined up with the latest drop. Details

ADA trades over 80% below its $1.30 cycle high. Such age spikes with a flatlining MDIA have appeared near turns before. Santiment did not call a recovery. Dormant moves can be distribution or repositioning. Statement