KAITO Whale Moves $4 Million for Staking on Kaito Platform

A significant whale transaction involving the KAITO token has raised speculation about increased institutional interest in the cryptocurrency. On May 30, 2025, an institutional entity withdrew 1.79 million KAITO tokens worth approximately $3.99 million from Binance and sent them to the Kaito platform for staking. This move was observed by blockchain data analysis firm ai_9684xtpa, suggesting a strategic investment strategy rather than short-term trading.