BILL on-chain activity is running at 4.5x its normal baseline right now.
The last hour saw 34 transfers totaling $252.7K, an abrupt jump that cleared the elevated-activity thresholds. Spikes of this size against an asset's own baseline often mark the moment attention starts to pool around it, bringing liquidity that wasn't there in the prior window.
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What matters here is the velocity change, not the raw dollar figure. Volume is relative, and a 4.5x surge says something shifted the tempo. That is the early signal worth tracking.