Analyst: The market is at a structural Benchmark level, with no signs of panic selling.

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[Analyst: The market is at a structural benchmark level, with no signs of panic selling] Cryptoquant analyst Axel Adler Jr released a market analysis stating that over the past month, the activity of “old coins” has remained at a moderate level. The average coin age of daily moving tokens (ASOL) briefly rose to 245 days on October 8 and to 209 days on October 21, but these peaks are far below those in spring and June, when the activity of long-term holders (old coin holders) significantly increased. The 30-day moving average remains around 111 days, indicating that the market is at a structural benchmark level, with no signs of panic selling. Holders are not in a hurry to take profits; moreover, as I mentioned in my Substack column on Sunday, new liquidity continues to absorb tokens entering the market.

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