Listed Exchange (LISTED) Rose 83.4% on Turnover of 20.7x Its Pool Depth
Participation Event
In the last hour, there were 123 transactions involving the Listed exchange (LISTED), which is a notable increase compared to the previous trading period. The price rose to $0.0005369, reflecting an 83.4% change, indicating significant trading activity within a short time frame.
- Volume vs liquidity: 20.7x
- Pair maturity: 13.8 hours
- Liquidity depth: $67,998
Transaction Breakdown
Of the 123 transactions, 68 were buys and 55 were sells, suggesting a relatively balanced order flow. This distribution indicates that traders were actively engaging on both sides of the market.
Market Activity
The 24-hour trading volume reached approximately $1,405,714, with a one-hour volume of $45,646. The trading activity was high relative to the liquidity, which was reported at $67,998.
Liquidity Profile
The liquidity for the Listed exchange stands at $67,998. This amount is workable for small positions, but larger orders may impact the price negatively due to the market's depth.
Risk Note
This article does not constitute financial advice. Investors should consider the elevated risk associated with the trading volume being 20.7 times the pool's liquidity, which may indicate potential wash trading or bot activity.