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BTC $64,644.86 +0.44%
ETH $1,912.39 +2.06%
BNB $572.77 +0.83%
XRP $1.10 +0.20%
SOL $75.20 +0.87%
TRX $0.3318 +0.38%
DOGE $0.0725 -0.17%
ADA $0.1644 -0.48%
BCH $217.45 +3.77%
LINK $8.59 +2.30%
HYPE $58.85 +0.92%
AAVE $96.25 +4.88%
SUI $0.7117 -0.13%
XLM $0.1794 +0.25%
ZEC $491.67 +1.35%

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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