C98's
↘1.81%
daily move comes as selling activity outpaces buying, though a small amount of coins moved off exchanges over the past 24 hours.
Trading activity shows mixed patterns
More people are selling than buying at a 2.17:1 ratio over the past 24 hours, yet a small amount of coins moved off exchanges during the same period as investors realized losses.
Selling pressure dominates recent activity
Selling activity outpaced buying by more than 2:1 over the past 24 hours while the number of active traders dropped roughly
↘43.5%
over the same period.
Leveraged positioning contracts
Investor positioning in leveraged markets contracted roughly
↘9.55%
over the past week while long position liquidations reached approximately $122.3M over the past 24 hours.
Network activity remains light
The network saw 55 active addresses over the past day, with a total holder base of 5,145.