PNUT's price declined roughly
↘80%
over the past year but edged
↗2.70%
higher over the past week as heavy selling pressure continues.
Selling pressure remains elevated
More people are selling than buying, with a sell-to-buy ratio of approximately 4:1 over the past 24 hours, while blockchain data shows investors selling at a loss over the same period.
Trading activity cooling down
Trading volume fell roughly
↘22%
over the past week while the market value held relatively steady with a
↗2.48%
increase over the same period.
Blockchain data shows loss realization
Blockchain data shows a SOPR reading of approximately 0.96, indicating investors are selling their holdings at a loss rather than a profit.
Ownership remains well distributed
The top 10 largest holders control only approximately 0.7% of the total supply, suggesting ownership is spread across many investors rather than concentrated.