I just saw Arkham's monitoring data, it's quite interesting.

At 2:46 AM today, over 6.53 million SUSHI flowed into the Prime custody account of a certain compliant trading platform, amounting to approximately 2.5 million USD at the time.

This kind of volume is usually not something retail investors can afford to play with. Either institutions are quietly accumulating, or there is large capital preparing to go through OTC channels or planning to hold positions for the medium to long term. Recently, the price of SUSHI has fluctuated, but the movements of Prime accounts often indicate issues better than candlestick charts — the funds are all in custody, which indicates that someone is taking this asset seriously.

The capital flow of institutional custody platforms has always been an important sentiment indicator. This time, the movement is significant, and the subsequent trend is worth monitoring.