According to Kaspa Report published on X platform, despite some exchanges restricting withdrawals, Kaspa's known holdings on major exchanges have fallen to a one month low. MEXC has been pointed out to have suspended KAS withdrawals for over 206 consecutive hours (approximately 8.5 days), citing "wallet maintenance", but no recovery schedule has been provided. Data shows that MEXC has not suspended withdrawals, with a daily withdrawal volume of 3.1 million to 4.7 million KAS. Analysis suggests that withdrawal restrictions have put users at risk of asset liquidity, leading to lower KAS prices on MEXC platform compared to other platforms and suppressing market prices. The report also pointed out that other exchanges such as Pionex have similar problems, while regulated platforms such as Uphold have stable withdrawal performance but are subject to KYC restrictions. Kaspa Report calls for decentralized systems to be the fundamental solution.
