According to Milk Road, projects should avoid airdropping tokens if they want to prevent selling pressure. The statement emphasizes that airdrops often lead to an increase in immediate selling actions by recipients, which can adversely affect token price and market stability. Milk Road's analysis suggests that projects should consider alternative distribution methods to maintain market integrity and reduce volatility.

According to Reetika (@ReetikaTrades) on Twitter, altcoins have been experiencing a continuous decline in their market value over the past two months, moving in a near straight line downward. This trend suggests persistent selling pressure and could indicate a lack of buying interest. Traders should monitor altcoin performance closely, as prolonged declines may affect market sentiment and liquidity in the sector.

According to Lookonchain, a cryptocurrency whale has deposited an additional 5,000 ETH, valued at $13.57 million, into Binance just one hour ago. This wallet, which has held ETH for approximately three years, has recently transferred a total of 8,000 ETH, worth $21.65 million, to Binance. This significant movement could indicate potential selling pressure on the market. (Source: Lookonchain)

According to Crypto Rover, there is a notable selling pressure in the Bitcoin market as of February 17, 2025. This selling trend could be attributed to profit-taking activities by long-term holders who accumulated Bitcoin during its previous price dip. Additionally, inflow data from major exchanges indicate increased deposit activity, suggesting traders might be positioning for short-term corrections. Crypto Rover suggests monitoring whale activities as they significantly influence market dynamics.

According to IntoTheBlock, 1.6 million addresses that acquired 1.57 million BTC at an average price of $97.2k are forming a resistance level. These holders, currently at a loss, might sell near their breakeven price amid market uncertainty, which could increase selling pressure and hinder upward price movement.

According to Trader Tardigrade, Bitcoin's 10 EMA is playing a crucial role in supporting $BTC during the current consolidation phase. The analysis suggests that once the selling pressure diminishes, Bitcoin is likely to experience a significant upward movement. This insight is critical for traders considering entry points and potential price action strategies.

According to André Dragosch, Bitcoin spot exchanges are experiencing the highest selling pressure since the 3AC collapse in June 2022. Despite this, the price remains near 100k USD, indicating seller exhaustion. This could suggest a potential stabilization or bounce-back opportunity for traders as the market absorbs the selling pressure.

According to Lark Davis, over 17,000 BTC, valued at $1.6 billion, were withdrawn from centralized exchanges on Wednesday, marking the largest single-day outflow since April 2024. This significant movement of Bitcoin suggests a possible shift towards holding or off-exchange storage, reflecting a potential decrease in selling pressure on exchanges.

According to Crypto Rover, the upcoming release of $36 billion worth of altcoins over the next 12 months, averaging $700 million per week, could significantly impact market dynamics. This influx may lead to increased selling pressure, affecting altcoin prices and potentially influencing trading strategies. Traders should closely monitor these unlock periods as they could present both risks and opportunities in the altcoin market.

According to Cas Abbé, ETH is undergoing a significant outflow from derivatives exchanges, which typically indicates a reduction in selling pressure and the closing of leveraged positions. This trend follows a sustained downtrend since December 2024, attributed to massive short selling.

According to Ai 姨, a major PEPE holder liquidated their remaining 201.2 billion PEPE tokens 11 hours ago, incurring a total loss of $1.227 million over three months. Initially, the whale acquired 351.3 billion PEPE tokens at an average price of $0.00001722 between November and December 2024. A month ago, they reduced their position by nearly 40% at $0.00002066 and have now completely sold off at an average price of $0.00001413. This transaction indicates significant selling pressure on PEPE, which traders should monitor closely.

According to Crypto Rover, Bitcoin miners are currently capitulating, which is a significant event that could impact Bitcoin's market supply and price volatility. This capitulation indicates miners are potentially selling their holdings due to reduced profitability, which could lead to increased selling pressure on the market (source: Crypto Rover). Traders should monitor hash rates and miner wallet movements for further insights.

According to @GreeksLive, there is active selling of Bitcoin during the London session.

According to @lookonchain, the $PENGU Liquidity Provider wallet transferred 300M $PENGU, valued at $13.25M, to exchanges one hour ago on January 6, 2025, potentially signaling increased selling pressure and impacting market dynamics.

According to @lookonchain, the $PENGU Liquidity Provider wallet transferred 300M $PENGU ($13.25M) to exchanges 1 hour ago on January 6, 2025. This significant transfer indicates potential selling pressure on $PENGU, impacting its price and trading volumes across multiple exchanges.

According to @lookonchain, the $PENGU Liquidity Provider wallet transferred 300 million $PENGU tokens, valued at $13.25 million, to exchanges one hour ago on January 6, 2025. This significant transfer could indicate potential selling pressure, affecting $PENGU's market dynamics across trading pairs such as $PENGU/USDT and $PENGU/ETH.

According to @lookonchain, the $PENGU Liquidity Provider wallet transferred 300M $PENGU, valued at $13.25M, to exchanges one hour ago on January 6, 2025. This substantial movement could signal potential selling pressure and impact $PENGU's market dynamics.

According to @lookonchain, the $PENGU Liquidity Provider wallet transferred 300 million $PENGU tokens, valued at $13.25 million, to exchanges one hour ago on January 6, 2025, potentially signaling increased selling pressure and a possible price drop.

According to GreeksLive, the cryptocurrency market has been experiencing continuous selling pressure, suggesting that sellers might be exhausting their supply of coins. This ongoing trend could indicate a potential shift in market dynamics, as the relentless selling might soon diminish, possibly leading to a stabilization or reversal in market prices.

According to @intotheblock, Bitcoin holders who purchased between $47k and $64k are under pressure, with only 27.6% currently in profit. Many of these investors are short-term holders, which could lead to increased selling pressure if the market experiences further declines.