Bonk for Robinhood (BONK) Records Elevated Volume Relative to Market Cap on Robinhood
Risk Overview
Bonk For Robinhood (BONK) presents an elevated risk profile, primarily driven by severe holder concentration. The largest holding address controls 100.0% of the supply, indicating that any significant sale could overwhelm the liquidity pool.
- Holder concentration: 100.0% top address
- Pair maturity: 1.1 hours
- Volume vs liquidity: 31.7x
- Liquidity depth: $50,606
Liquidity Assessment
The current liquidity stands at $50,605.81. Liquidity is 17.1% of market cap, close to the 17.9% typical at this size. $50,606 of liquidity is workable for small positions, but larger orders will move the price against you.
Volume Assessment
The 24-hour trading volume is reported at $1,601,983.58. The 24h volume is 31.7x 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 past hour, there were 1,383 buys and 809 sells, resulting in a buy/sell ratio of approximately 1.71.
Risk Note
This article does not constitute financial advice.