Kaspa (KAS) is experiencing a surge in price, hitting a new week high at $0.073 with a 9% increase. Data shared on X from ‘Kaspa Daily’ reveals a significant outflow of around 500 million KAS tokens from exchanges over the past month. The chart shows a consistent downward trend in exchange holdings, dropping from 3.18 billion KAS on March 12 to 2.68 billion by April 10. This move doesn’t directly coincide with a price surge in KAS despite reduced supply, suggesting broader market influences are at play. 500 million tokens leaving exchanges often signals a shift towards long-term holding or for other purposes like staking and DeFi activities. This reduction in available supply creates tighter liquidity conditions, potentially leading to swift price increases as buying pressure gathers momentum. However, the lack of immediate price jump could signal continued market volatility. Understanding how the price reacts to these changes, along with the movement of tokens on the blockchain, will provide insight into whether the KAS holders are focusing on long-term investment or anticipate upcoming developments. The overall picture suggests that larger KAS holders are preparing for what’s next in Kaspa’s development, and the market is poised for potential price movement if buying pressure increases.