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