Over the past 24 hours, the entire network sold out $181 million
According to reports, according to Coinglas data, the entire network has sold out 181 million dollars in the past 24 hours. Among them, Bitcoin sold out $57.53 million and Ethereum sold out $36.75 million.
Interpretation of this information:
The message highlights the selling trend within the cryptocurrency market, citing data from Coinglas that estimates an overall sale of $181 million in the past 24 hours. This trend reflects a shift away from holding onto cryptocurrencies and instead opting for selling them off.
The selling of Bitcoin and Ethereum comprises a significant portion of this overall trend, with Bitcoin selling out $57.53 million and Ethereum selling out $36.75 million. This suggests that these two major cryptocurrencies are experiencing a high volume of sellers, potentially due to market fluctuations or changes in investor sentiment.
Overall, the message indicates the importance of paying attention to market trends and fluctuations within the cryptocurrency landscape, particularly as it relates to Bitcoin and Ethereum. Keeping an eye on these trends can help investors make informed decisions about buying and selling, and can assist in identifying potential opportunities and risks within the market.
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