The chart for MASK/USDT shows large inflows to exchanges over the last 5 days, and it is clear:
Key takeaways:
1. Total inflows for 5 days: -431,416.60 MASK
This is a net outflow. That is, more was withdrawn from exchanges than deposited.
There are no signs of potential accumulation, i.e., no selling pressure yet.
2. Last 24 hours: -852,613.80 MASK
Strong outflow, more than in the previous 4 days combined.
This may indicate preparation for growth (assets are being moved to cold wallets / staking / holding).
3. There were previously inflows (up to 317,644 MASK), but outflows dominate.
The short-term upward impulse could have been against the backdrop of inflows, but the overall trend is a decrease in supply on CEX.
Conclusion:
MASK/USDT shows signs of moderate accumulation and strong outflows of the asset from centralized exchanges over the last day. This is a bullish signal from an on-chain perspective, especially supported by the technical setup.