Binance Meme-Coin Selling Pressure Tops $1.4B Since BTC Peak
Binance has recorded over $1.4 billion in meme-coin selling pressure since the Bitcoin market peak, according to an analysis by bloomingbit.
Meme-coin selling pressure on Binance has surpassed $1.4 billion since the Bitcoin market peak, according to an analysis published by bloomingbit. The figures highlight a significant shift in trading activity across speculative digital assets on the exchange.
Selling Pressure Analysis
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The data points to sustained liquidations and outflows in the meme-coin sector as market participants adjust positions following the broader market peak. The analysis covers cumulative trading metrics on Binance since the peak.
Key facts
- Binance meme-coin selling pressure topped $1.4 billion.
- The period measured runs from the recent Bitcoin market peak.
- Data was compiled and reported by bloomingbit.
Source: news.google.com
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