How Does Cryptocurrency Exchange Net Flow Affect KAS Token Price and Holder Distribution?

Exchange net inflows of KAS decreased by 30.79% in 24 hours

Recent data from September 8, 2025, reveals a significant shift in Kaspa (KAS) exchange dynamics, with net inflows decreasing by 30.79% over a 24-hour period. This substantial reduction coincides with several other notable market indicators that suggest changing investor behavior toward the cryptocurrency. The movement of funds away from exchanges often signals potential accumulation by long-term holders, as fewer KAS tokens become available on trading platforms.

Market data for KAS during this period shows interesting correlations between price action and exchange flows:

| Metric | Current Value | 24h Change | |--------|--------------|------------| | Price | $0.08191 | +4.27% | | Trading Volume | $32.11M | -29.58% | | Exchange Net Inflows | - | -30.79% | | Market Cap | $2.18B | - |

This decrease in exchange inflows comes as KAS has been trading near the crucial $0.081 support zone, with price action forming higher highs and higher lows within a declining wedge pattern. The reduction in exchange holdings is further supported by reports that Kaspa known exchange holdings have dropped to a six-month low, with only 2.19 billion KAS currently sitting on exchanges. Seven out of the ten largest Kaspa outflows during this period came directly from exchanges, reinforcing the trend of decreasing exchange supply that could potentially create favorable conditions for price appreciation if demand remains constant or increases.

Top 1000 addresses hold 59.98% of KAS supply

According to the latest blockchain data as of September 8, 2025, wealth concentration continues to be a significant factor in the Kaspa ecosystem, with the top 1000 addresses now controlling 59.98% of the total KAS supply. This represents an increase from previous measurements, indicating a growing consolidation of KAS holdings among larger investors.

The distribution of KAS tokens across different holder categories reveals interesting patterns:

| Holder Category | Number of Addresses | Percentage of Supply | |-----------------|--------------------|--------------------| | Top 10 Addresses | 10 | 18.32% | | Top 100 Addresses | 100 | 36.94% | | Top 1000 Addresses | 1000 | 59.98% |

Particularly notable is the "Shark" category of holders (those owning between 1-10 million KAS), which comprises 2,803 addresses controlling approximately 24.72% of the supply, valued at roughly $555 million. This concentration pattern has implications for token governance and market volatility, as large movements from these addresses can significantly impact price action.

The current circulating supply stands at approximately 26.67 billion KAS, with a maximum supply cap approaching 28.7 billion. This high concentration among top addresses raises questions about decentralization within the Kaspa network, even as the total number of active addresses continues to grow across the ecosystem.

KAS price increased 4.17% despite market concentration

Kaspa (KAS) has demonstrated remarkable resilience in current market conditions, showing a 4.17% price increase to reach $0.08191 despite broader concentration trends in cryptocurrency markets. This positive movement marks a significant reversal from its recent downward trajectory when KAS had previously slumped to lower price points.

The current market position of KAS can be better understood through recent performance metrics:

| Metric | Value | Change | |--------|-------|--------| | Current Price | $0.08191 | +4.27% (24h) | | Market Cap | $2.18B | Rank #47 | | 24h Trading Volume | $32.11M | -29.58% | | Circulating Supply | 26.67B | Total: 26.67B | | 30-Day Performance | -14.89% | 7-Day: -4.83% |

Despite facing short-term volatility, Kaspa's fundamentals remain strong. The project, launched in 2021, continues to attract investor interest through its DAG-based architecture and proof-of-work consensus mechanism. Technical analysts have identified potentially bullish harmonic patterns that could signal future price increases.

The cryptocurrency's ability to gain value against market concentration demonstrates investor confidence in Kaspa's technological foundations and development roadmap. This positive price action comes at a time when many altcoins are struggling to maintain momentum, suggesting KAS might be decoupling from broader market trends based on its unique value proposition in the Layer 1 blockchain space.