Pickles Robinhood Agent (PICKLES) Records Elevated Volume Relative to Market Cap on Robinhood
Risk Overview
The current risk level for Pickles Robinhood Agent (PICKLES) is elevated, primarily due to the pair's maturity of just 1.1 hours. This short lifespan means there is no trading history to assess, which increases the potential for volatility and risk.
- Pair maturity: 1.1 hours
- Volume vs liquidity: 43.8x
- Liquidity depth: $75,791
Liquidity Assessment
The liquidity figure for PICKLES stands at $75,791. Liquidity is 8.8% of market cap, close to the 9.7% typical at this size. While this liquidity is workable for small positions, larger orders will move the price against you.
Volume Assessment
The 24-hour trading volume for PICKLES is $3,316,110. This volume is 43.8x the pool's liquidity, indicating that the same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 8,230 buys and 7,156 sells, resulting in a buy/sell ratio of approximately 1.15.
Risk Note
This analysis does not constitute financial advice.