COW's

↗16%

weekly rally is outpacing the DeFi sector as trading participation surges, though near-term selling pressure is testing the momentum.

Outperforming peers despite headwinds

Price climbed approximately

↗16%

over the past week, beating the DeFi category average by roughly

↗8%

, demonstrating relative strength even as selling pressure emerged over the past 24 hours with buyers outnumbered by sellers at a ratio of 1 to 1.67.

Trading participation accelerating

The number of people trading COW jumped roughly

↗43%

over the past 24 hours while weekly trading volume increased approximately

↗12%

, though daily volume pulled back around

↘14%

over the same period.

Mixed holder conviction

Despite the selling pressure, a small amount of COW is quietly moving off exchanges (around $0.01 million net outflow over the past 24 hours), while blockchain data shows some holders are realizing losses, with the loss realization metric at 0.9838.