Up & Down (UPDN) Gains 48.1% but a Single Wallet Holds 100.0% of Supply
Participation Event
In the past hour, Up & Down (UPDN) recorded a total of 1,735 transactions, marking a significant increase compared to prior trading activity. The trading volume reached $1,116,094, indicating a high level of engagement from traders during this period.
- Holder concentration: 100.0% top address
- Pair maturity: 1.2 hours
- Volume vs liquidity: 13.9x
- Liquidity depth: $101,904
Transaction Breakdown
Of the total transactions, 1,106 were buys and 629 were sells. This results in a buy-side leaning, with approximately 64% of trades being purchases.
Market Activity
The trading volume over the last 24 hours was $1,414,305, which is approximately 13.9 times the liquidity available. The price of UPDN is currently at $0.001167, reflecting the recent price movement.
Liquidity Profile
The liquidity figure stands at $101,904. This amount is workable for small positions, but larger orders may significantly impact the price.
Risk Note
The overall risk assessment indicates elevated risk due to severe holder concentration, with a single wallet controlling 100.0% of the supply. This article does not constitute financial advice.