MOVE Faces Persistent Losses as Holder Profit Stays Minimal

MOVE-1,03%
BTC1,24%
  • Price Action: MOVE shows brief rallies but quickly retraces, keeping the downtrend intact.

  • Holder Status: Over 98% of addresses remain at a loss, limiting sustained buying pressure.

  • Technical Indicators: CDD, OI, and funding rates suggest continued selling and short-heavy market conditions.

Movement — MOVE, continues struggling as traders watch with concern. The token recently rose 0.68%, but gains feel fragile. Open Interest jumped nearly 12% in 24 hours, signaling heightened activity. Despite occasional price spikes, funding rates remain negative, showing a market dominated by short positions. MOVE’s long-term trend has stayed bearish since January 2025. With most addresses under water, any bounce seems more like a selling opportunity than a recovery.

AMBCrypto
Holder pain persists as MOVE’s downtrend continues: Only 1% in profithttps://t.co/Mo33m6EOTO The altcoin rallied 22.45% in an hour on Sunday, but has almost entirely retraced this bounce since then. pic.twitter.com/K3jyVZ71MC

— NotificationsBots (@Adanigj) February 16, 2026

Market Metrics Highlight Bearish Pressure

MOVE saw a rapid 22.45% rally in an hour on Sunday, February 15th, yet this spike has almost fully retraced. The short-heavy market explains why funding rates stayed negative despite the price increase. Open Interest grew during the rally, suggesting traders positioned aggressively for potential moves, yet overall sentiment remains cautious. Long-term trends contrast sharply with Bitcoin — BTC, which hit new highs and later corrected, while MOVE maintained its downward trajectory.

On-chain indicators point to more potential selling. Coin Days Destroyed (CDD) rose during recent price upticks, reflecting coins held for a long time moving back into circulation. This indicates sellers using even small rallies to exit at reduced losses. The 1-day chart shows repeated upside wicks, representing quick rallies followed by immediate pullbacks. Sellers dominate intraday price action, confirming weak buyer follow-through.

The spot taker CVD also supports this trend, showing that sellers led activity over the past three months. Exchange net position change turned positive after almost two weeks, signaling increased MOVE flows into exchanges. More coins moving to exchanges often precedes further selling pressure. Traders watching these metrics see the current bounce as temporary, likely to be sold off once it exceeds $0.032.

Holder Pain Persists Amid Temporary Bounces

MOVE remains down roughly 98.25% from its all-time high. Only 1.127% of addresses are currently in profit. This means most holders are operating at a loss, turning minor rallies into selling opportunities. Every price uptick tempts long-term investors to reduce losses, reinforcing bearish pressure. Despite brief recoveries, indicators suggest the trend remains downward.

CDD spikes highlight strong seller conviction, while exchange inflows signal possible continuation of selling. Daily candles confirm quick rallies followed by pullbacks, emphasizing that upside momentum struggles to sustain. Traders observing these patterns may use price bounces beyond $0.032 as a chance to short MOVE. For now, MOVE continues to face persistent losses as the majority of holders remain underwater.

Short-term rallies have limited follow-through, while on-chain metrics point to potential selling pressure. Open Interest and funding rates indicate a short-heavy market environment. Until price breaks above critical resistance with sustained buyer activity, the downtrend is likely to persist.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Shiba Inu Futures Flow Plunges 129% as Leverage Exits Market

Key Insights Shiba Inu futures flow shifted 129% to net outflows, showing leveraged traders are actively reducing exposure across derivatives markets. Spot price remains below major moving averages, while volatility contracts as speculative momentum fades across short-term trading

CryptoFrontNews3m ago

Bitcoin Shows ‘Burj Khalifa’ Like Liquidations Towers on Liquidity Map

Bitcoin's liquidation map exhibits a "Burj Khalifa" pattern, indicating high leverage and precarious market balance, posing risks for upcoming volatility spikes as traders await directional movements near critical price levels.

BlockChainReporter4m ago

DOGE Coils at $0.1007 as Cup and Handle Tightens Below $0.1028

DOGE shaped a rounded bottom at approximately $0.08, and now trades in a handle at a rim resistance of below $0.11. The price is currently at $0.1007 based on the support level of $0.09864 to $0.1028 and volatility is maintained at a tight range. DOGE increased 2.0% versus BTC and is curr

CryptoNewsLand34m ago

TRUMP Stabilizes at $3.47: Price Holds Key $3.35 Support as Weekly Range Tightens

TRUMP holds above $3.35 support, maintaining a tight weekly range after prolonged downside pressure Price consolidates between $2.6–$3.6, with reduced volatility signaling a pause in trend momentum. BTC pair strength near 0.00005103 supports short-term stability despite nearby

CryptoNewsLand1h ago

Expert Warns XRP May Retest $1.52 Before Falling Further

_XRP stays in a daily downtrend as price trades below $1.45 and sellers control market structure._ _Analysts say a $1.52 retest may occur before another decline toward the $1.27 support zone._ _MACD shows weak recovery signs, but momentum remains negative and favors bearish

LiveBTCNews1h ago

Will Momentum Hold as DOGE Tests Structure After Trendline Break and $0.099 Support Defense?

Dogecoin (DOGE) is trading at $0.09972 after a 2.6% drop. It holds above a downward trendline, with support at $0.099111 and resistance at $0.1031. Despite recent breakout attempts, momentum is weak, indicating confined price action and limited growth.

CryptoNewsLand1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)