Axel Adler Jr, an analyst at Cryptoquant, published a market analysis showing that the active level of "old coins" has remained moderate over the past month. The average age of a single-day mobile token (ASOL) briefly rose to 245 days on October 8 and 209 days on October 21, but these peaks are much lower than in the spring and June, when the level of active holders of long-term coins (old coin holders) increased significantly.
The 30-day moving average is still around 111 days, which means the market is at a structural benchmark level and there are no signs of panic selling. Holders are not in a hurry to take profits; moreover, as I noted in my Sunday Substack column, new liquidity continues to absorb the tokens entering the market.
Analysts: The market is at a structural benchmark level and there are no signs of panic selling
2025-10-30 07:31:18
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