Chintai (CHEX) jumps as whale buying and exchange outflows coincide
Beincrypto reports the Chintai (CHEX) token is up nearly 52% in the past 24 hours and around 120% over the past seven days as RWA demand, whale buying, and exchange outflows aligned.
On-chain data show the top 100 CHEX wallets on Solana increased holdings by 7.19%, bringing their combined balance to 90.44 million CHEX (about 6 million tokens added), while exchange balances fell 80.69% to 1.84 million CHEX. The token sits across RWA, DeFi and settlement layers, and a Chainlink CCIP integration was announced earlier, a positioning the report says may be getting repriced as RWA interest continues into 2026. Active addresses have risen from around 120 to nearly 190 since the start of January.
Chart structure helps explain the move: CHEX formed a double bottom with resistance at a down‑sloping neckline and broke out in early January, producing a measured target near $0.105. Short‑term risks are noted — the RSI is near 86 and a hidden bearish divergence could complete if the next candle forms under $0.077 — while spent coins surged from about 8,162 to 1.06 million since January 5, a sign of profit‑taking. The analysis says the bullish structure holds above $0.044, with support near $0.065 and $0.055 and upside only intact with a clean hold above $0.074 and through $0.088 toward $0.105; a short cooling would not, according to the report, break the RWA narrative.
Key Topics
Crypto, Chintai, Chex, Solana, Chainlink Ccip, Rwa