Kaspa (KAS) Network Sees Significant Holding Trends – What’s Next for KAS Price?

The Kaspa (KAS) ecosystem is currently witnessing a pivotal shift as the behavior of its holders provides intriguing insights into future price movements. Recent data highlights a growing trend of long-term holding and strategic accumulation, which could significantly impact the token’s market dynamics.

Long-Term Confidence in Kaspa

According to insights shared by Kaspa Daily, an astonishing over 70% of Kaspa’s total supply has not been active on the network for over three months, marking a 12% increase in token dormancy since December:

The chart showing a steady climb in inactive KAS provides compelling evidence of this holding pattern, with key price levels like $0.07 acting as a recurrent support and $0.14 as a formidable resistance.

Wallet #2 Bolsters KAS Holdings

In another notable development, an entity known as Kaspa Wallet #2 has been aggressively accumulating KAS, with the latest transaction involving the transfer of over 6 million KAS from Bybit on June 10, 2025:

Since June 1, this wallet has seen a consistent uptick from 730 million to approximately 756 million KAS, a clearcut strategy aimed at capitalizing on current market conditions, especially during flat or declining price periods.

Implications for Kaspa’s Market Liquidity

The confluence of these trends – dormant supply and strategic accumulation – is effectively reducing the amount of KAS circulating on exchanges. This reduction in available supply could lead to heightened volatility and substantial price movements should demand surge.

Observers are now keeping a keen eye on the price movements around the $0.14 resistance, which if broken, might unleash a wave of bullish sentiment.

Note: Market conditions are highly volatile. Always do your own research and consider the risks before investing in cryptocurrencies.

Looking Ahead

With these key developments, the Kaspa (KAS) market appears to be transitioning into a phase of potentially reduced liquidity, which could set the stage for a significant price breakout or squeeze if the community’s bullish sentiment translates into buying action. Investors and traders are advised to monitor on-chain metrics closely alongside market sentiment indicators.

Technical Analysis and Price Predictions:

  • Immediate Resistance: $0.14
  • Support Levels: $0.07, $0.10
  • Potential breakout: A sustained move above $0.14 could signal the start of a substantial bull run.

As with any cryptocurrency, the future of KAS price largely depends on how these supply dynamics interact with market demand. The current holding pattern among long-term investors might just be the catalyst needed for new highs if buying pressure intensifies.

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Source: captainaltcoin.com