According to TechFlowPost on Aug. 9, on-chain analyst Yu Jin (余烬, @EmberCN) monitored sharp price action in Tutorial (TUT). The token moved from $0.045 to $0.305 in 24 hours, a peak gain of nearly 6x. Trading data for the same period shows spot volume of roughly $570 million and contract volume of about $2.5 billion. The price window covers the past 24 hours, while the transfer data spans a little more than a day. The on-chain record also shows where the tokens went. Recent transfer activity has been concentrated among market makers and large holders reallocating positions across centralized exchanges. The dominant flow ran from Binance to Bitget. In just over one day, nearly 160 million TUT moved into Bitget, accounting for about 20% of the token's total supply. The inflow into Bitget thus represents roughly one-fifth of total TUT supply. The price and flow data were tracked by EmberCN, and the report was published by TechFlowPost.
TechFlowPost, Aug. 9 — Tutorial (TUT) spiked sharply over the past 24 hours. On-chain analyst Yu Jin (余烬, @EmberCN) tracked the move from $0.045 to $0.305, a peak gain of close to 6x. Spot trading volume for the token reached roughly $570 million during the period, with contract volume around $2.5 billion.
On-chain records point to heavy transfer activity centered on centralized exchanges. Market makers and large holders have been reallocating TUT between venues, with the most visible leg running from Binance to Bitget. Over a little more than one day, approximately 160 million TUT moved into Bitget — close to 20% of the total supply.
TechFlowPost published the report based on EmberCN's monitoring.
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