NETX has recently shown clear signs of withdrawal. On the order books of several leading exchanges, a new whale wallet has been accumulating positions, with the average purchase price of these large holders roughly locked between $0.67 and $0.70. From the trading depth, the buying pace is quite aggressive, followed immediately by transfers to self-custody addresses. Such behavior typically reflects the views of institutions or large investors on the market—either locking in chips in anticipation of a price increase or being attracted by the current price level. Notably, the cost basis of this accumulation is relatively uniform, indicating that participants may have done thorough research. Market interpretation space is large, but from an on-chain data perspective, large chips flowing from exchanges to self-custody wallets often signal potential changes in market structure.