Ni Hao Cat (MIHAO) Gains 60.2% With 100.0% of Supply in One Wallet That Could Overwhelm the Pool
Participation Event
In the last hour, ni hao cat (MIHAO) recorded a total of 1,254 transactions, consisting of 802 buys and 452 sells. This trading activity marks a significant increase compared to previous periods, indicating heightened interest in the token.
- Holder concentration: 100.0% top address
- Pair maturity: 1.3 hours
- Liquidity depth: $92,109
Transaction Breakdown
The transaction count reveals a buy-side leaning, with 802 buys accounting for approximately 64% of the total trades. In contrast, the 452 sells represent about 36% of the trading activity during this hour.
Market Activity
The trading volume over the past 24 hours reached $552,106, while the liquidity stood at $92,109. This results in a volume-to-liquidity ratio of 6.0x, suggesting active trading relative to the available liquidity.
Liquidity Profile
Currently, the liquidity for ni hao cat (MIHAO) is recorded at $92,109. This figure indicates that while small positions can be executed without significant price impact, larger orders may move the price against traders.
Risk Note
The overall risk assessment for ni hao cat (MIHAO) is classified as elevated, primarily due to severe holder concentration, with 100.0% of the supply controlled by a single address. This situation poses a risk, as a sale from that address could overwhelm the market. This article is not financial advice.