TUT has risen as much as 6x within a single day, with on-chain data pointing to heavy movement of the token between exchanges. Data tracked by EmberCN indicates that TUT's on-chain activity over the past day or more has been largely driven by market makers and holders with outsized positions—what the monitor describes as controlling entities—who have been moving tokens among major centralized exchange platforms. Among those flows, the most visible pattern is a transfer from Binance to Bitget. In total, 160 million TUT has flowed into Bitget during that timeframe, a figure that equals 20% of the total supply. That implies roughly one in every five TUT tokens has moved between exchanges in just over a day. The moves, according to EmberCN's monitoring, reflect treasury or market-making adjustments across exchanges rather than ordinary customer trading. The update did not specify the purpose of the transfers. Odaily reported these findings in a news flash, citing EmberCN's monitoring data.
TUT jumped 6x in a single day, with on-chain activity showing heavy token flows between exchanges. According to Odaily, data monitored by EmberCN shows that TUT's on-chain movements are essentially driven by market makers and controlling parties shifting supply across major centralized exchanges. Over the past day or so, the main direction has been from Binance to Bitget: 160 million TUT—about 20% of the total supply—has entered Bitget.
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