The recent trading volume of Pyth Network (PYTH) token is around $39 million to $59 million in 24 hours, reflecting healthy market activity but slightly lower than its peak surges witnessed during major rallies when volume spiked up to nearly 8600% above average on some days.This volume level indicates active participation from retail and institutional traders.#PythRoadmap
Regarding whale transactions whales have significantly increased their holdings recently by approximately 14.5%, raising their total PYTH holdings from about 43 million to over 49 million tokens within a one-week period. This accumulation by large holders indicates strong institutional confidence. Simultaneously the balances of PYTH tokens held on exchanges have decreased by about 8%, meaning whales and other investors are moving tokens off exchanges reducing immediate selling pressure and supporting price stability.
In summary, the recent volume remains robust and steady while whale activity shows strong accumulation and reduced exchange supply signaling bullish sentiment and growing long-term confidence in the Pyth token’s value. @Pyth Network