KITE has been experiencing notable outflow pressures on the Ethereum chain. Since early November, the token saw a net exchange outflow of 197 million KITE, with exchange balance declining sharply from 643 million down to 446 million tokens. Over the past 60 days, around 30 emerging whale wallets—many of them top EOA holders—have collectively withdrawn 147 million KITE across multiple centralized exchanges, with the bulk of these transactions stemming from major platforms. These withdrawals occurred in the $0.08 to $0.1 price range. The movements are substantial: exchange holdings now represent roughly 33% of total supply, while these whale activities account for approximately 11% of circulating tokens. Such coordinated outflows suggest growing confidence among major holders, or potentially a strategic accumulation phase ahead.