Record $10.8 Million Outflow of Morpho Tokens From Exchanges Recorded

According to Arzdigital, in a report published Friday, August 14, 2026 (23 Mordad 1405), data from analytics platform Santiment shows traders withdrew more than 5.59 million Morpho (MORPHO) tokens from crypto exchanges in a single day, worth about 10.8 million dollars, the largest net outflow of the token since trading began in November 2024. The volume equals roughly 0.85 percent of Morpho's circulating supply and nearly 94 percent of its average daily trading volume.

Santiment said on X that the rapid drop in exchange supply means fewer coins are readily available for immediate sale, lowering the risk of sudden sell walls forming. However, Arzdigital reported that despite an earlier 175 million dollar funding round from investment firms Paradigm and Andreessen Horowitz (a16z) and a partnership with the Robinhood platform, Morpho's price remains about 53 percent below its January 2025 peak of 4.17 dollars, and analysts say the drop in exchange supply alone, without fresh demand from retail buyers, will not be enough to drive a sustained rally.