Kaspa (KAS) Price Dips: Whale Activity Indicates Long-Term Confidence

Despite recent price drops, Kaspa (KAS) exchange balances are showing signs of accumulation, a key indicator of long-term confidence from investors. A large deposit into Gate.io has seen KAS balances rise to over 4 billion KAS, despite a significant sell-off in the market. Notably, top Kaspa holder added almost 3 million KAS during this week’s downtrend. This contradictory picture shows retail traders feeling the strain while long-term holders are quietly increasing their holdings.