CryptoQuant: Binance users sold $1.21 billion worth of furniture
7/15/2026, 06:50 AM • Евгения Слив

According to fresh data from the analytical platform CryptoQuant, since Bitcoin reached its historical all-time high in October 2025, users of the major cryptocurrency exchange Binance have sold memecoins totaling nearly 1.21 billion US dollars. This statistic clearly demonstrates that in this specific market segment, sellers currently significantly outnumber buyers. Analysts suggest that such sustained selling pressure could serve as an early and rather concerning sign of a shifting investment strategy among retail traders. Investors are gradually and systematically withdrawing their funds from one of the most volatile and high-risk sectors of the cryptocurrency market, preferring to lock in profits or reallocate capital into more reliable assets, which confirms a broader trend of decreasing appetite for extreme risk.
The data provided by CryptoQuant also indicates that, in the long term, fundamental interest in memecoins has not experienced substantial growth, as the imbalance favoring sellers has persisted over an extended period. Notably, even the high-profile launch of a new blockchain by the company Robinhood was unable to reverse this negative trend or change the balance of power in the market. Although the internal data of one specific exchange like Binance cannot fully reflect the situation across the entire global cryptocurrency market, the order flow on this largest trading venue by volume is traditionally considered a key and highly accurate indicator of real sentiment among market participants.
The decline in popularity and viability of memecoins is convincingly corroborated by independent data from analytical services such as CoinGecko and Dune Analytics. Between January 2024 and June 2026, approximately 18.6 million such digital assets were created on the popular memecoin launch platform Pump fun. Out of this massive number, 13 million tokens, representing nearly 70 percent, completely ceased trading on the very first day of their existence. Furthermore, out of more than 832,000 tokens launched on this platform in May and June of the current year, a mere 0.198 percent managed to reach listing on decentralized exchanges, which is three times worse than the figures recorded at the end of 2025. It is crucial to remember that cryptocurrencies are associated with a high level of risk, including potential capital loss, and conducting independent research is highly recommended before making any financial decisions.
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The material is prepared solely for informational purposes and does not constitute a financial advice or recommendation.
