Governments See 14% of $457B Crypto Tax
JUST (JST)
BeInCrypto reports that Chainalysis data identifies $457 billion in crypto taxable activity for 2025. Under current CARF reporting rules, governments can only see 14% of this total volume. This visibility gap highlights significant portions of crypto transactions remaining outside immediate regulatory view. The data suggests a large disparity between actual taxable activity and what is currently reportable.
What Whalio's data showed
Binance spot order flow for JST, measured when this story was published on 26 August 2026.
JST shows a mixed short-term picture with a 1-hour buy ratio of 38.8% contrasting sharply against a 74.2% ratio over 4 hours. This divergence indicates that while immediate selling pressure exists, the broader intraday trend remains heavily skewed toward buying. The 1-hour volume delta is negative at -$7,780, suggesting recent outflows, yet the 4-hour delta is positive at +$115,487. This positive 4-hour delta confirms that net buying pressure is building over the medium term despite the short-term dip. The 24-hour buy ratio of 48.9% sits near equilibrium, but the cumulative CVD of +$169,723 confirms sustained net buying over the full day. Consequently, the asset is experiencing underlying accumulation despite the recent 1-hour sell-off.