Golden Goose (GG) Slides 18.1% on $92,682 of Liquidity, Too Thin to Absorb a Sizeable Sell
Volatility Event
During the last hour, Golden Goose (GG) traded between $0.001075 and a low not specified in the data, with a turnover of $92,682. This indicates that the liquidity available was insufficient to absorb larger sell orders, resulting in a significant price drop of 18.1%.
- Liquidity depth: $92,682
What The Risk Data Shows
The strongest contributor to the risk assessment is liquidity depth: $92,682 of liquidity. Workable for small positions, but larger orders will move the price against you. Liquidity is 8.6% of market cap, close to the 8.5% typical at this size. The overall risk band is Moderate.
Trading Conditions
In the last hour, there were 63 buys and 54 sells, indicating a roughly balanced order flow. This balance suggests that the market was not overly skewed towards selling.
Liquidity Context
The liquidity figure stands at $92,682, which implies that larger trades may face challenges in execution without impacting the price significantly.
Why This Was Flagged
- Price moved 18.1% in one hour (threshold: 15%)
- One-hour volume of $36,719 (threshold: $25,000)
- 117 trades in the last hour (threshold: 100)
- $92,682 of liquidity (threshold: $50,000)
- $1,075,043 market cap (threshold: $250,000)
- Trading pair 18 days old (threshold: 15 minutes)
Risk Note
This report does not constitute financial advice.