Altcoin sell pressure has reached its most extreme level in five years, according to new on-chain data showing sustained demand withdrawal from centralized exchanges. CryptoQuant analyst IT Tech reports that the cumulative buy-to-sell imbalance for altcoins, excluding Bitcoin and Ethereum, has plunged to a negative $209 billion. In January 2025, demand and supply were roughly […]
Source: https://zycrypto.com/bnb-solana-cardano-xrp-sell-pressure-hits-5-year-extreme-what-it-means-and-why-it-matters/
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.