According to Crypto Rover, the current wave of panic selling is leading to capitulation among altcoin holders, which could set the stage for a strong altcoin season comeback. Crypto Rover highlights that as sell pressure subsides, fundamentally strong altcoins may experience significant price surges, with potential for select assets to achieve 10x returns. Traders should monitor on-chain sell pressure indicators and volume trends to identify optimal entry points for high-quality altcoins as the market stabilizes (source: Crypto Rover on Twitter, May 17, 2025).

According to @EmberCN on Twitter, just 20 minutes ago, the fee income address of meme trading platform GMGNai transferred 97,000 SOL, worth approximately $17.73 million, to Coinbase Prime (source: https://twitter.com/EmberCN/status/1922550181272162649). This large-scale movement of SOL to a centralized exchange wallet may signal potential sell pressure on Solana in the short term, prompting traders to closely monitor SOL price volatility and liquidity. The transaction has fueled discussions on crypto Twitter regarding meme coin platform profit-taking strategies and the possible impact on Solana’s trading volume and market sentiment.

According to Milk Road, an analysis of 62 cryptocurrency tokens launched via airdrop revealed that 89% experienced a price decline within 90 days of launch. The primary reason cited is that free token distribution leads to immediate sell pressure as recipients quickly cash out, undermining long-term value. Only 7 out of the 62 tracked tokens managed to maintain their price level in the same period. This data underscores the risk for traders considering newly airdropped tokens and highlights the importance of monitoring post-airdrop price action and sell volume for short-term trading strategies. (Source: Milk Road, Twitter, May 11, 2025)

According to The Data Nerd on Twitter, whale address 0x016 deposited 1,130 ETH (valued at approximately $2.05 million) to Binance just one hour ago. This whale originally accumulated the ETH three months prior at a total cost of $3.62 million. If he sells at current prices, the realized loss would be about $1.57 million, or -43.37% ROI (source: @OnchainDataNerd). This significant loss highlights potential bearish sentiment and could indicate short-term sell pressure on ETH, which is relevant for traders monitoring large on-chain movements and possible price impacts.

According to glassnode, Bitcoin (BTC) spot volume delta (7-day SMA) has turned sharply negative over the past three days, with daily figures of -$30.9M on April 27, -$76.1M on April 28, and -$193.4M on April 29. The data highlights a surge in aggressive selling pressure and significant weakening in spot demand, which are classic signals of potential profit-taking and buyer exhaustion. These indicators suggest traders should be cautious of a possible trend reversal or correction in the near term. Source: glassnode (April 30, 2025).

According to Michaël van de Poppe (@CryptoMichNL), there is a noticeable shift of venture capitalists towards liquid markets, driven by the conclusion that current market opportunities are significantly larger compared to pre-TGE (Token Generation Event) times. Despite widespread sell pressure, this is reportedly being absorbed by smaller investors, with $ADS being highlighted as one of the assets experiencing this dynamic.

According to Miles Deutscher, recent cryptocurrency launches such as $NIL and $GUN have achieved high market capitalizations of $93 million and $34 million respectively, despite adverse market conditions. These valuations appear to be further suppressed by increased sell pressure from early investors and key opinion leaders (KOLs), impacting trading strategies (Source: Twitter/@milesdeutscher).

According to @AltcoinGordon, Bitcoin's supply on exchanges has decreased to 7.53%, the lowest since February 2018. This decline indicates reduced sell pressure and suggests strong confidence among long-term holders.

According to Milk Road Daily, the current market situation shows that while cryptocurrency products are functioning effectively, there is significant sell pressure impacting market prices. This indicates that traders are actively using sell options, which could lead to bearish market trends. Monitoring sell volumes and market reactions is crucial for traders in this environment.

According to glassnode, Bitcoin continues to face persistent sell pressure, particularly from recent buyers. The market is experiencing heightened volatility, weak demand, and liquidity constraints, which have hindered meaningful accumulation and reinforced downside risks.

According to glassnode, Bitcoin is trading below the Short-Term Holder (STH) cost basis of $92.5K, a historical threshold distinguishing local bull and bear phases. The STH Market Value to Realized Value (MVRV) ratio stands at 0.96, indicating STHs are experiencing an average paper loss of 4%. If Bitcoin fails to reclaim the STH cost basis, it could lead to sustained selling pressure from recent buyers.

According to Ki Young Ju, Ethereum demonstrates resilience with no significant sell pressure following the Bybit hack. On-chain and market data remain neutral, indicating that exchange selling processes are gradual, while OTC offloads have minimal price impact. Furthermore, Ethereum's dominance is highlighted by holding 56% of the stablecoin market cap.

According to AltcoinGordon, a significant movement of $1.5 billion worth of Ethereum from a Bybit hot wallet has been reported, with over $200 million already sold. This large-scale transaction is cited as a primary reason for the recent downturn in cryptocurrency markets, suggesting increased sell pressure on ETH, which traders should monitor closely.

According to Skew Δ (@52kskew), the same buyer who previously purchased during sell pressure in the BTC market has re-entered, indicating a potential strategic positioning. The market is currently net positioned for lower prices, suggesting that if there is an upward movement, it should be supported by increased buying flows such as chasing limit bids and taker bids.

According to WallStreetBulls, the introduction of staking and lending for XRP is expected to reduce sell pressure as holders can earn passive income, incentivizing them to hold more XRP.

According to Miles Deutscher, January witnessed an unusually large $15 billion in altcoin unlocks, which significantly contributed to market sell pressure. In comparison, February is experiencing a reduced figure of $3.1 billion, potentially easing some of the selling pressure. This information is crucial for traders as it highlights the impact of token unlocks on market dynamics. Source: Twitter (@milesdeutscher).

According to Flood, the Bera launch mirrors Hyperliquid but differs as it involves selling hundreds of millions at launch instead of buying. Venture capitalists own 35% of the supply, indicating potential sell pressure. The launch features a highly inflationary farm token with a fully diluted valuation (FDV) ratio of 5:1, with the operation reportedly not generating revenue.

According to MistTrack, significant amounts of Ethereum have been transferred from whale wallets to exchanges, indicating potential sell pressure in the market. This movement could lead to increased volatility and impact Ethereum's price negatively. Traders should monitor these wallet activities closely to anticipate further market movements.

According to @EmberCN, an early whale investor who acquired 24.85 million AIXBT for just 1.8 ETH ($4,946) has transferred an additional 1.649 million AIXBT ($1.38M) to Binance 9 hours ago. This move follows the recent increase in AIXBT's price to $0.9, after which the whale transferred a total of 4.649 million AIXBT ($3.71M) to Binance. The current price of AIXBT has adjusted from $0.9 to $0.77. The whale still holds 12 million AIXBT, valued at $9.3 million. This activity suggests potential sell pressure or profit-taking strategies amid market volatility.

According to @CryptoMichNL, the German government has sold all its Bitcoin holdings, resulting in zero Bitcoin left in their wallet. The market has successfully absorbed a sell pressure of $3.5 billion over the past weeks, and Bitcoin's price remains steady at $58,000. The tweet suggests that a market rotation might be imminent.