ASM's weekly trading volume rose roughly
↗36%
over the past week while unique traders increased roughly
↗21%
over the past 24 hours.
Activity rises amid mixed signals
Tokens moved off exchanges over the past day (a sign investors are holding rather than selling) even as selling pressure remained elevated with roughly 2.5 sellers for every buyer over the past 24 hours.
More sellers than buyers currently
The ratio of sellers to buyers reached approximately 2.5 to 1 over the past 24 hours, indicating more people are looking to sell than buy currently.
Tokens moving off exchanges
Blockchain data shows tokens flowing out of exchanges, with roughly 10% of total supply held on trading platforms as of the latest snapshot, suggesting investors are moving holdings to personal wallets.
Price trails category peers
ASM's price declined roughly
↘24%
over the past week compared to Ethereum Ecosystem peers, which rose roughly
↗26%
over the same period.