JA Maartun, an expert analyst at cryptocurrency analysis firm CryptoQuant, has issued a critical warning regarding the Ethereum (ETH) market. According to Maartun’s statement titled “ETH Sell Alert,” Ethereum’s daily Net Taker Volume was minus $418.8 million. Net Buyer Volume represents the difference between buy and sell orders executed through immediate orders. A negative value indicates a dominance of sellers, with sell orders significantly outnumbering buy orders. According to Maartun's analysis, Ethereum investors sold 115,400 more ETH than buyers could afford in the last 24 hours. Related News: Details About Ripple-South Korea Partnership Revealed - Ripple Asia President Makes Statement The analyst explained that order types play an important role in understanding investor psychology: Limit orders (i.e. constructive orders): These are orders placed by investors who want to buy or sell at a certain price and wait for the other party to confirm the transaction. Market order (i.e. buyer order): Orders placed to be executed immediately at the best price available in the market at that moment. In light of this data, Maartun stated that investors who prioritize transaction speed over price are largely moving in the direction of sales, which is a very strong bearish signal. *This is not investment advice. Continue Reading: Controversial Claim from Experienced Analyst: “Ethereum May Have Received a Dump Signal”
