KAITO on-chain transfers spike 9.6x above baseline in the last hour
The network just cleared its on-fire thresholds with 30 recent transfers and $447.0K in volume, running nearly 10 times hotter than its normal activity footprint. That kind of relative acceleration against its own baseline is the earliest structural tell of attention entering the asset.
MAIN THESIS
When on-chain activity explodes this abruptly, it means the status quo for this token just broke. Whether that resolves as accumulation, distribution, or something else is not in the data yet — but the quiet period is over, and that is what matters right now.