LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisdave19...cryptoRelated: Hedera (HBAR) Bleeds $17 Million in Outflows, Threatening $0.20 Support
Over the past week, Hedera has recorded steady outflows from its spot market, signaling a lack of confidence among market participants. The surge in selling pressure highlights the weakening demand for the altcoin, raising concerns about its ability to hold above the key $0.20 support level. Hedera Outflows Signal Weak Demand The past week has been marked by significant outflows from HBAR spot markets, with investors pulling over $17 million in the last seven days. According to Coinglass data, the altcoin has seen just one inflow during this period, with $1.78 million recorded on January 19. HBAR Spot Inflow/Outflow. Source: CoinglassSpot outflows occur when an asset’s investors withdraw their capital from its spot markets, typically by selling their holdings and moving funds elsewhere. This signals weakening demand and increased selling…# Analysis# bitcoin# crypto# Exchange# Market# Token# ToolPre
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- The crypto market experienced a sharp decline over the last 24 hours, with Bitcoin dipping below $87,000 at its lowest point. While some altcoins managed to hold steady, others faced significant dr...