Altcoin sell pressure hits multi-year low as 15 months of relentless distribution grinds on
Covered by 4 sources · 4 articles
4 outlets - including Cryptopress, Captainaltcoin and Cryptoadventure and 1 more - are covering this story. CryptoQuant’s altcoin sell-pressure reading has fallen to a multi-year extreme, with the cumulative buy-sell volume difference for altcoins excluding Bitcoin and Ethereum at about -$209 billion. The metric tracks the difference between spot…
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Altcoin Sell Pressure Hits Multi-Year Extreme In CryptoQuant Data
CryptoQuant’s altcoin sell-pressure reading has fallen to a multi-year extreme, with the cumulative buy-sell volume difference for altcoins excluding Bitcoin and Ethereum at about -$209 billion. The metric tracks the difference between spot…
Altcoin Sell Pressure Crashes to Multi-Year Low, Ethereum Price Pumps 6%
There is finally some relief on the market. Ethereum price pumped 6% in the past day and is now well above $1,700 for the first time in over a week. Bitcoin reclaimed $61,000. Altcoins are bouncing across the board. But CryptoQuant posted a…
Altcoin Sell Pressure Hits Multi-Year Extreme In CryptoQuant Data
CryptoQuant’s altcoin sell-pressure reading has fallen to a multi-year extreme, with the cumulative buy-sell volume difference for altcoins excluding Bitcoin and Ethereum at about -$209 billion. The metric tracks the difference between spot…
Altcoin sell pressure hits multi-year low as 15 months of relentless distribution grinds on
Prolonged altcoin sell pressure signals a challenging environment for market recovery, highlighting the need for renewed buyer interest to stabilize. The post Altcoin sell pressure hits multi-year low as 15 months of relentless distribution…