Memecoins Face $1.2B Sell-Off on Binance Since Bitcoin’s Peak

Blockonomics
Ledger


Binance memecoin net volume falls to -$1.21B since Bitcoin’s October 2025 peak, as CASHCAT reaches about $138M market cap.

Memecoins have faced heavy selling pressure on Binance since Bitcoin reached its October 2025 all-time high. CryptoQuant reported a negative net volume of about $1.21 billion across the sector.

The data was shared by analyst Darkfost, who linked the move to weaker risk demand. Bitcoin has traded more than 50% below that peak, according to the commentary.

Memecoins remain one of the most volatile parts of the crypto market. Their prices often depend on liquidity, attention, and short-term trader demand.

itrust

The sector has regained some visibility after Robinhood launched its own blockchain. However, Binance data shows that selling pressure has remained strong since Bitcoin’s peak.

Binance Data Shows Meme Token Pressure

CryptoQuant reported more than $1 billion in cumulative selling pressure across Binance-listed memecoins. Darkfost placed the exact net volume figure near negative $1.21 billion. Net volume compares buying and selling activity over a selected period.

A negative reading means sell volume has been larger than buy volume. In this case, the data covers activity since Bitcoin’s October 2025 high. It points to weaker demand across many meme tokens on Binance.

The data does not show that every memecoin moved in the same way. Some tokens may still attract short-term buying during new market trends. However, the broader sector has faced steady outflows on the exchange.

Bitcoin Weakness Hits Riskier Crypto Assets

Darkfost said Bitcoin has been trading in a difficult market for risk assets. The asset is now more than 50% below its October 2025 all-time high. That decline has affected trader behavior across the wider crypto market.

Memecoins often suffer more during corrections because they carry higher risk. Many traders reduce exposure when Bitcoin loses strength and liquidity weakens. This can create stronger selling pressure across speculative tokens.

The Binance data fits that wider market pattern. Traders appear to have reduced meme coin exposure during the correction. As a result, negative net volume has continued across the tracked sector.

Read also: Binance Expands in Philippines With New BlockScholes Partnership

Robinhood Chain Brings Short-Term Interest

The meme coin sector has still seen new attention from Robinhood Chain. Darkfost said the launch revived speculation around newer tokens. New blockchain activity can often create short bursts of market demand.

CASHCAT was cited as one recent example of this renewed interest. The token was reported to have a market cap near $138 million. This shows that new themes can still attract traders during weak markets.

Still, novelty does not remove the wider risk shown by exchange data. Memecoins can rise quickly, but they can also fall sharply. Traders may continue watching Bitcoin, Binance flows, and new Robinhood Chain tokens.





Source link

Bybit

Be the first to comment

Leave a Reply

Your email address will not be published.


*