EDGE's trading volume jumped roughly
↗138%
over the past 24 hours while the price declined approximately
↘6.73%
over the same period, with
analysts flagging extreme oversold conditions.
Selling pressure elevated amid rising participation
Sell pressure reached approximately 56% over the past 24 hours while the buyer-seller ratio declined roughly
↘14%
over the same period. Market-wide forced selling has been heavy, with long positions liquidated at 2.7 times the rate of short positions.
Trading activity expanding
Unique traders increased roughly
↗36%
over the past 24 hours, reflecting growing participation despite the price decline. The cost to hold positions remained low at approximately 0.000019 (around 2% annually) while investor positioning declined roughly
↘3%
over the same period.
Ownership broadly distributed
The top 10 holders control only 0.8% of supply, indicating broad ownership across the holder base. Only 25.7% of max supply is currently circulating, with the remaining 74.3% yet to enter the market.