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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

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.

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