MORPHO Logs Record Exchange Outflow Since Token Trading Began

Traders moved 5.59 million Morpho (MORPHO) tokens off exchanges in a single day, the largest net outflow since the token began trading in November 2024, according to Santiment. The withdrawal pulled roughly $10.8 million of supply out of trading venues. However, MORPHO still changes hands near $1.94, leaving the on-chain signal without a matching price