Injective (INJ) Jumps 24.46% to $9.13 as Exchange Outflows Persist
- —INJ gained 24.46% in 24 hours to $9.13
- —Net CEX outflows on 10 of the past 14 days
- —87.5% of on-chain transfer volume flagged as wash trading across 608 wallets
- —Top accumulator wallet holds 68,300 INJ
Why it matters: Exchange outflows suggest accumulation, but the high wash-trading ratio distorts real demand — the accumulator wallet is the key signal to watch.
Source: Coincu