Midnight (NIGHT) price falls over 11% amid rising volume and steady token outflows from exchanges.

Midnight (NIGHT) extended its price decline by more than 11%, trading near $0.0309 with a market cap around $513 million. Despite the price drop, trading volume increased by 29.37% to over $60 million, indicating active market participation. Exchange data showed a net outflow of about $8.7 million, suggesting holders are moving tokens off exchanges, possibly for longer-term holding. NIGHT remains near a key support level at $0.0297, with potential for recovery if this holds, but a breakdown could lead to further bearish pressure.