Spotted some interesting movement on $KABOSU over on Solana today.
The 24-hour numbers are pretty telling - buy volume hit $203,266 while sells came in slightly higher at $204,398. Almost perfectly balanced, which you don't see every day. Liquidity's sitting at $15,885 with the market cap around $25,935.
What caught my eye is that buy/sell ratio. When volume's that tight, it usually means something's brewing. Either traders are waiting for a catalyst or we're in accumulation phase.
Anyone else watching this one? The low liquidity relative to volume could make for some volatile swings if momentum picks up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
3
Repost
Share
Comment
0/400
GasFeeTherapist
· 12-06 17:50
The buy and sell volumes are so close, it's definitely interesting. Now it's just a matter of whether this is accumulation or if they're waiting for some kind of signal.
View OriginalReply0
SerumDegen
· 12-06 17:49
nah that liquidity is a trap waiting to happen... one whale sneeze and this whole thing cascades. seen this setup before, never ends well lmao
Reply0
rekt_but_not_broke
· 12-06 17:43
The buy and sell volumes are almost evenly split. Feels like something big is brewing.
Spotted some interesting movement on $KABOSU over on Solana today.
The 24-hour numbers are pretty telling - buy volume hit $203,266 while sells came in slightly higher at $204,398. Almost perfectly balanced, which you don't see every day. Liquidity's sitting at $15,885 with the market cap around $25,935.
What caught my eye is that buy/sell ratio. When volume's that tight, it usually means something's brewing. Either traders are waiting for a catalyst or we're in accumulation phase.
Anyone else watching this one? The low liquidity relative to volume could make for some volatile swings if momentum picks up.