It has been noticed that a token called $BUTT on the Solana chain has recently experienced trading volatility on Meteora DEX.
Data from the past 24 hours shows: buy volume is $118, sell volume is $283, with selling pressure significantly outweighing buying interest. The current liquidity pool is only $500, and the market cap is about $788,000.
This ratio of liquidity to trading volume is worth paying attention to; small pools tend to fluctuate more dramatically. The sell volume is 2.4 times the buy volume, so there may be continued selling pressure in the short term. Those doing ultra-short-term trades should keep an eye on changes in capital flow.
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LayerZeroJunkie
· 12-07 04:05
Such a small liquidity pool, the selling pressure is almost 2.4 times higher. No wonder the volatility is so fierce; you can't buy the dip here.
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SocialAnxietyStaker
· 12-07 04:04
With such heavy selling pressure, a small pool is bound to get dumped. You have to be mentally prepared when playing this kind of game.
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VitalikFanboy42
· 12-07 04:01
With such aggressive selling in this small pool, I don't dare to touch it. Let's wait and see.
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0xSoulless
· 12-07 03:44
The sell volume is 2.4 times the buy volume? Isn't this just the big players cashing out while the retail investors are still analyzing fund flows?
It has been noticed that a token called $BUTT on the Solana chain has recently experienced trading volatility on Meteora DEX.
Data from the past 24 hours shows: buy volume is $118, sell volume is $283, with selling pressure significantly outweighing buying interest. The current liquidity pool is only $500, and the market cap is about $788,000.
This ratio of liquidity to trading volume is worth paying attention to; small pools tend to fluctuate more dramatically. The sell volume is 2.4 times the buy volume, so there may be continued selling pressure in the short term. Those doing ultra-short-term trades should keep an eye on changes in capital flow.