6 Cryptos That Could Boom as Their Supplies Enter Self-Custody

• Santiment revealed in an X post today that more INJ, CRV, SUSHI, ELF, BICO, and REEF have moved into self-custody.
• According to the post, tokens getting transferred off of exchanges has historically been a positive sign.
• At press time, almost all of the cryptocurrencies included in Santiment’s post had achieved 24-hour gains.

The blockchain intelligence platform Santiment revealed in an X post today that the supplies of several cryptocurrencies have been transferred off of exchanges. More specifically, the platform noted that SuhshiSwap (SUSHI), Reef (REEF), aelf (ELF), Biconomy (BICO), Curve Dao Token (CRV), and Injective (INJ) have seen more of their supplies shift into self custody.

If you are the owner of any $SUSHI, $REEF, $ELF, $BICO, $CRV, or $INJ, then you'll be happy to see that more & more of their supplies are moving into self custody. Historically, these kinds of major waves off exchanges are good for future prices. https://t.co/nS45eDkW1z pic.twitter.com/rhoGpfiosL

— Santiment (@santimentfeed) September 26, 2023

According to the post, this uptick in transfers to off of exchanges has historically been an early indication of potential price …

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