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Morpho sees surge in whale activity and wallet growth, signaling reduced sell pressure and potential price momentum.

Market News
26 Jul 2026
Dailycoin
View Source
Bullish
pluang ai news

Morpho has experienced a notable increase in whale transactions, with 68 transfers over $100K in a single day, the highest since October 2025. This surge coincides with 337 new wallet creations, the largest growth since March 2026, indicating rising confidence among large holders. Additionally, 4.35 million Morpho tokens were withdrawn from exchanges, suggesting reduced sell pressure. Recent developments like Upbit’s listing and new financial products, along with a $175M fundraising, position Morpho for potential market expansion and stability amid cautious sentiment.

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