BTC $64,787.59 +0.82%
ETH $1,920.20 +0.80%
BNB $585.54 +2.90%
XRP $1.08 +0.45%
SOL $74.23 +1.01%
TRX $0.3283 +0.51%
DOGE $0.0700 -0.70%
ADA $0.1654 +1.03%
BCH $211.17 -0.31%
LINK $8.44 +1.23%
HYPE $53.03 -3.38%
AAVE $98.56 +0.32%
SUI $0.6931 +0.92%
XLM $0.1721 -0.96%
ZEC $475.34 +3.24%
BTC $64,787.59 +0.82%
ETH $1,920.20 +0.80%
BNB $585.54 +2.90%
XRP $1.08 +0.45%
SOL $74.23 +1.01%
TRX $0.3283 +0.51%
DOGE $0.0700 -0.70%
ADA $0.1654 +1.03%
BCH $211.17 -0.31%
LINK $8.44 +1.23%
HYPE $53.03 -3.38%
AAVE $98.56 +0.32%
SUI $0.6931 +0.92%
XLM $0.1721 -0.96%
ZEC $475.34 +3.24%

Analyst: Since the peak of Bitcoin, the Binance platform has accumulated over $1.2 billion in selling pressure for Meme coins

2026-07-14 10:05:52
Collection

CryptoQuant analyst Darkfost posted on X that since Bitcoin reached its all-time high in October 2025, the cumulative net selling pressure in the Meme coin sector on the Binance platform has exceeded $1 billion, with a cumulative net trading volume reaching -$1.21 billion.

Darkfost stated that this reflects the significant selling pressure faced by high-risk assets in the crypto market, and it also indicates that the Meme coin sector has been notably impacted during the market correction, while reminding investors that there is a high risk of capital loss in this area.

app_icon
ChainCatcher Building the Web3 world with innovations.