Data from cryptocurrency analytics firms reveals that the buyer-seller ratio for a particular altcoin stood at 0.96. This ratio indicates the balance between buying and selling volumes in the futures market. A ratio above 1 signifies higher buying activity, whereas a ratio below 1 indicates more selling activity. A decrease in this ratio suggests an increase in sell orders compared to buy orders in the token’s futures market. CryptoQuant analyst ShayanBTC commented on this development. Stay updated on the latest technology news by accessing NEWSLINKER.
