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Massive IRYS consolidation: $1.1 million concentrated in a single address
The IRYS activities on decentralized exchanges show an interesting picture: In recent days, a single wallet has accumulated a total of 1.1 million US dollars worth of IRYS tokens. The most notable aspect is the consolidation strategy — several smaller positions were combined into this one address three days ago.
At the same time, we observe other remarkable movements within the IRYS ecosystem. Various wallets have started transferring their IRYS holdings from decentralized platforms over the past week. These withdrawals amount to over 500,000 US dollars from these recent transactions alone.
Additionally, a second trend emerges: several other addresses have also withdrawn their IRYS holdings from exchanges, concentrating a total of over 1 million US dollars into wallets. This activity indicates growing interest and possibly a longer-term holding behavior among investors.
The total movement of around 2.1+ million US dollars worth of IRYS from the decentralized trading environment signals a phase of accumulation and consolidation in this token segment.