PMUP (PMUP) Rose 162.0% on Turnover of 21.9x Its Pool Depth
Participation Event
In the last hour, PMUP recorded a total of 1,408 transactions, consisting of 858 buys and 550 sells. This trading activity represents a significant increase compared to previous periods, indicating heightened interest and participation in the market.
- Volume vs liquidity: 21.9x
- Liquidity depth: $52,307
- Pair maturity: 20.8 hours
Transaction Breakdown
Of the 1,408 transactions, 858 were buy orders, while 550 were sell orders. This suggests a buy-side leaning in the trading activity.
Market Activity
The trading volume over the past 24 hours reached $1,143,651, with a notable price of $0.0003564. This volume is 21.9 times the pool's liquidity, indicating a high turnover relative to the available liquidity.
Liquidity Profile
The current liquidity stands at $52,307. While this amount is workable for small positions, larger orders may impact the price significantly.
Risk Note
This article is not financial advice. The findings indicate a moderate risk profile for PMUP, primarily due to the high volume relative to liquidity and the relatively young age of the trading pair.