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ETH $1,783.89 +0.18%
BNB $569.96 +0.34%
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AAVE $95.94 +1.38%
SUI $0.7259 -0.49%
XLM $0.1787 -2.25%
ZEC $504.53 -2.61%
BTC $62,637.06 -0.10%
ETH $1,783.89 +0.18%
BNB $569.96 +0.34%
XRP $1.06 -0.54%
SOL $75.05 -1.22%
TRX $0.3246 -1.76%
DOGE $0.0719 -0.21%
ADA $0.1578 -0.68%
BCH $233.32 -1.20%
LINK $7.93 +0.13%
HYPE $63.31 -3.45%
AAVE $95.94 +1.38%
SUI $0.7259 -0.49%
XLM $0.1787 -2.25%
ZEC $504.53 -2.61%

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.

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