Just spotted some interesting activity on a Solana token called $SOUL.
The 24-hour numbers caught my attention - buy volume sitting at around $12.6K while sell pressure is lower at $8.6K. Market cap is hovering near $14.8K, though liquidity appears pretty thin right now.
Seeing more buying than selling over the past day, which creates an interesting dynamic when combined with the low liquidity situation. Could mean quick moves in either direction.
Anyone else tracking this one? The volume differential is worth noting, especially on these smaller cap plays where every trade moves the needle.
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OnchainUndercover
· 10h ago
The liquidity is so thin, and the buy-sell spread is so obvious? Be careful of getting dumped on, bro.
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PretendingToReadDocs
· 12-04 17:26
Damn, this liquidity is way too thin. Even a single finger could crash the market.
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Rugman_Walking
· 12-04 17:21
With liquidity this thin, the bid-ask spread must be insane... I've fallen into all the traps of small-cap coins.
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gas_guzzler
· 12-04 17:16
With such thin liquidity and such a large bid-ask spread, a single large order can move the market.
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CodeZeroBasis
· 12-04 17:10
The liquidity is so thin, and the buying pressure isn't that strong either. It feels like it's just being washed out.
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DeFi_Dad_Jokes
· 12-04 17:10
The liquidity is so thin, and the bid-ask spread is so wide? Be careful of getting dumped on, bro.
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¯\_(ツ)_/¯
· 12-04 17:06
Damn, the liquidity is so thin. How do you even dare to chase? One misstep and you're done for.
Just spotted some interesting activity on a Solana token called $SOUL.
The 24-hour numbers caught my attention - buy volume sitting at around $12.6K while sell pressure is lower at $8.6K. Market cap is hovering near $14.8K, though liquidity appears pretty thin right now.
Seeing more buying than selling over the past day, which creates an interesting dynamic when combined with the low liquidity situation. Could mean quick moves in either direction.
Anyone else tracking this one? The volume differential is worth noting, especially on these smaller cap plays where every trade moves the needle.