Just a Backpack (๐) Fell 15.5% While Its Liquidity Pool Sits 62.3% Locked and Can Be Pulled at Any Time
Volatility Event
During the past hour, Just a Backpack (๐) traded between $0.002918 and a low of $0.002469, with a turnover of $41,991. This indicates a relatively orderly move given the volume and number of trades, despite the significant price change of 15.5%.
- Liquidity lock: 62.3% locked
What The Risk Data Shows
62.3% of the liquidity pool is locked. A meaningful share remains withdrawable. The pair is 4.1 days old โ past the riskiest window but still young. 24h volume is 5.0x liquidity, a normal turnover rate. Overall, the risk band is Moderate.
Trading Conditions
In the last hour, there were 69 buys and 76 sells, resulting in a slightly negative balance of 52% sells. This indicates a balanced trading environment, albeit with a slight inclination towards selling.
Liquidity Context
The liquidity figure stands at $190,321, which is adequate for ordinary position sizes, though not deep. This liquidity level suggests a stable environment for typical trading activities.
Why This Was Flagged
- Price moved 15.5% in one hour (threshold: 15%)
- One-hour volume of $41,991 (threshold: $25,000)
- 145 trades in the last hour (threshold: 100)
- $190,321 of liquidity (threshold: $50,000)
- $2,918,827 market cap (threshold: $250,000)
- Trading pair 4 days old (threshold: 15 minutes)
Risk Note
This article does not constitute financial advice.