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**Arkham Tracker Spots Significant FLOKS Token Movement Toward Exchanges**
Chain monitoring data from Arkham reveals a notable influx of FLOKS tokens into centralized exchanges. Over the past 60 minutes, 93,793 FLOKS worth roughly $540,000 have been transferred to CEX wallets. This substantial movement signals potential selling pressure in the near term.
Meanwhile, another address currently holds an additional $720,000 worth of FOLKS tokens. Market observers are watching closely, as this position could potentially follow the same trajectory and flow into exchanges shortly.
The concentration of these large transfers within a short timeframe has caught the attention of on-chain analysts, as such patterns often precede significant price movements. Whether this represents profit-taking, rebalancing, or strategic positioning remains to be seen, but the 93,793 FLOKS figure marks a critical threshold to monitor in the coming hours.