BICO down approximately
↘54%
over the past week as selling activity intensifies across multiple fronts, with exchange supply concentration and declining trading interest compounding the pressure.
Broad-based weakness across metrics
Price action reflects coordinated selling, with trading activity falling roughly
↘47%
over the past 24 hours while more than twice as many sellers as buyers remain active in the market.
Exchange concentration elevated
Approximately 65% of all tokens sit on exchanges available for sale—a concentration that typically indicates elevated selling potential—with inflows continuing over the past day.
Investor interest declining
Interest in BICO contracts fell roughly
↘6%
over the past 4 hours, with those holding long positions paying negative funding rates to maintain exposure amid
exhaustion signals.
Extended downtrend persists
The weekly
↘54%
decline extends a year-long drawdown of approximately
↘79%
, reflecting sustained pressure across the asset's price structure with
technical analysis pointing to potential further weakness.