Amid declining exchange activity and sustained accumulation among long-term holders, Kaspa (KAS) shows signs of strengthening.
Accumulation of KAS Among Long-Term Holders
According to KaspaDaily, over 75% of KAS has not moved for over three months, marking a record high. The trend of accumulation began in August 2024, when the figure was approximately 47%. By May 7, 2025, this number increased to 75.19%, with KAS trading at $0.08.
Open Interest Status of KAS Futures
KAS futures open interest has fluctuated between $120 million and $150 million in recent months. Although the price of KAS fell from $0.09 to a low of $0.065, open interest remained stable, indicating a calm market environment.
Market Structure of KAS Prices
Despite the pressure on KAS prices, signals indicate tightening supply. The consistent open interest, shrinking exchange balances, and an increasing amount of dormant coins suggest that the market may be preparing for potential upward price movements.
Kaspa (KAS) displays growing accumulation and stability in the futures market, potentially signaling changes in price dynamics in the future.
