Staci Warden's name is familiar now to all Algo fam now. she is the new CEO of algorand foundation with spectacular resume being a executive director in JPmorgan. these kind of news, as i was arguing, has a long term effect in a project (Depending on the successful performance and plans) and may not be reflected in market behavior around that project at that time. The amount of Algo inflow and outflow of Centralized Exchanges are subjected to so many determinants which can not be revealed easily.

In our case, As the charts demonstrate, the falling and rise of inflow and outflow are pretty much a like suggesting a stronger force which manipulates users behavior (maybe the market itself as the greatest force). although we see a strong recovery of algo outflow in the week after news but yet again there is no evidence to relate this to our point of interest.