【BlockBeats】 Recently, Bitcoin selling pressure has been quite fierce. According to trading data, Bitcoin’s Net Taker trading volume (calculated as a 25-hour moving average) has dropped to -$19 million, marking the most intense wave of selling since December 23.
In other words, the market is now completely dominated by sellers. Those aggressive dumpers are going all out, and buyers are struggling to keep up.
This Net Taker trading volume indicator is actually used to measure the comparison of buying and selling forces in the market—it calculates the difference between buy and sell orders in the order book. The more negative the number, the greater the selling pressure. The deeper the negative value, the more it proves that aggressive sellers are leading the rhythm, and the short-term market sentiment is becoming more pessimistic.
Currently, with the -$19 million figure in front of us, it looks like sellers have firmly taken the upper hand in the short term.
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WalletsWatcher
· 01-10 22:36
They're starting to dump again, the sellers are really ruthless this time.
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ChainDoctor
· 01-08 23:31
I'm really panicking now. With a sell-off force of 19 million, how many whales are selling off?
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HodlKumamon
· 01-08 14:52
Good grief, -$19 million... This number almost took my breath away, the seller is really going crazy(´;ω;`)
But Bear just looked through the historical data, such extreme negative values are actually a signal... Extreme panic often marks the bottom
Wait, it's so terrible, and there are still people picking up the bags? That's the most comforting part
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Liquidated_Larry
· 01-08 02:04
Another wave of dumping, -19 million USD... This time it's really intense.
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MeaninglessApe
· 01-08 02:01
They're starting to dump again, and the buying side has no resistance at all.
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AirdropHermit
· 01-08 01:56
It's time to buy the dip again; this drop is really fierce...
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StablecoinSkeptic
· 01-08 01:53
They're starting to dump again; this wave of selling pressure is really outrageous.
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QuorumVoter
· 01-08 01:53
The bears are starting to go crazy again; just looking at the -19 million USD figure is enough to be upsetting.
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mev_me_maybe
· 01-08 01:43
Here we go again, with such fierce selling pressure, do you want me to buy the dip, buddy?
Bitcoin selling pressure hits monthly high, Net Taker trading volume drops to -$19 million
【BlockBeats】 Recently, Bitcoin selling pressure has been quite fierce. According to trading data, Bitcoin’s Net Taker trading volume (calculated as a 25-hour moving average) has dropped to -$19 million, marking the most intense wave of selling since December 23.
In other words, the market is now completely dominated by sellers. Those aggressive dumpers are going all out, and buyers are struggling to keep up.
This Net Taker trading volume indicator is actually used to measure the comparison of buying and selling forces in the market—it calculates the difference between buy and sell orders in the order book. The more negative the number, the greater the selling pressure. The deeper the negative value, the more it proves that aggressive sellers are leading the rhythm, and the short-term market sentiment is becoming more pessimistic.
Currently, with the -$19 million figure in front of us, it looks like sellers have firmly taken the upper hand in the short term.