What is behind the selling pressure? In the past

What is behind the selling pressure?

In the past 24 hours, the number of Returning Users has surged to a new year-to-date high.

At the time of writing, Returning Users surged to 57,700, the highest level in over a year. These users—typically long-term holders and active traders—are known to re-enter markets after past purchases and often trade aggressively.

Their return during INJ’s sharp price decline suggests that high-conviction holders may be offloading assets.