According to data from onchain analytics platform onchainschool.pro, on February 7, approximately $560,000 worth of CYS tokens were transferred into Gate from four separate wallets within a 30-minute window.
Deeper analysis shows that these funds were previously unlocked from a vesting contract and gradually moved through several intermediary addresses before being consolidated on the exchange.
Observing Market Fund Flows
In addition to this major inflow, data also reveals that over $3.3 million in tokens have been withdrawn from CEXs in the past seven days, with funds currently still residing in user wallets.
- $560K CYS transferred into Gate
- Withdrawn funds not yet entering market
- Unlocking triggers chain activity