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.
