AKT's quiet
↗15%
yearly outperformance versus Cosmos Ecosystem peers faces headwinds as selling pressure builds.
Mixed signals across timeframes
The asset led Cosmos Ecosystem peers by roughly
↗6%
over the past month, though price slipped approximately
↘4%
over the past 24 hours with 1.71x more sellers than buyers during that period.
Trading activity normalizing
Trading volume declined roughly
↘18%
over the past 24 hours and approximately
↘15%
over the past week, with more people selling than buying in recent sessions.
Elevated cost for leveraged positions
The cost to hold leveraged positions stands at approximately 46% annually, while overall leveraged activity declined roughly
↘4%
over the past 24 hours.
Outpacing Cosmos Ecosystem category
The asset outperformed the Cosmos Ecosystem category over both the past month and past year, while the category overall declined roughly
↘10%
over the past month.