Altcoin selling reached a five-year high

Seller pressure on the altcoin market reached its highest level in the past five years. The cumulative excess of sells over buys on centralized exchanges approached $209 billion. This is the worst figure since observations began in 2020, analysts at the CryptoQuant platform reported. The analysts drew attention to the dynamics of the Cumulative Buy/Sell Volume Difference indicator, which reflects the accumulated difference between the volumes of buys and […]

Source: CryptoTech