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Analyst: Meme Coins on Binance Have Faced Over $1.2 Billion in Selling Pressure Since Bitcoin's Peak

2026-07-14 02:04

Odaily Planet Daily News CryptoQuant analyst Darkfost posted on X, stating that since Bitcoin reached its all-time high in October 2025, the cumulative net selling pressure for Meme coins on the Binance platform has exceeded $1 billion, with a cumulative net volume of -$1.21 billion.

Darkfost stated that this reflects the significant selling pressure faced by high-risk assets in the crypto market, and also indicates that the Meme coin sector has been more notably impacted during market corrections. Meanwhile, he reminded investors that this sector carries a high risk of capital loss.