SpaceXcoin (SPACEXCOIN) Drops 12.7% as Volume Runs 21.7x Its Liquidity, a Pattern Consistent With Wash Trading
Price Action
The price of SpaceXcoin traded between $0.0005865 and a volume of $90,384 in the last hour. This trading activity reflects a significant increase in volume, running 21.7 times its liquidity, which indicates a pattern consistent with wash trading. The price change of 12.7% highlights the volatility present in this trading period.
- Volume vs liquidity: 21.7x
- Liquidity depth: $100,873
What The Risk Data Shows
24h volume is 21.7x the pool's liquidity. The same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity. $100,873 of liquidity is workable for small positions, but larger orders will move the price against you. The pair is 6.1 days old — past the riskiest window but still young. The overall risk band is Moderate.
Trading Activity
In the last hour, there were 362 buys and 217 sells, resulting in a buy-to-sell ratio favoring the buy side.
Market Snapshot
- Price (USD): $0.0005865
- Liquidity (USD): $100,873
- Market Cap (USD): $586,512
- 24h Volume (USD): $2,189,278
- Pair Age: 6.1 days
Why This Was Flagged
- Price moved 12.7% in one hour (threshold: 15%)
- One-hour volume of $90,384 (threshold: $25,000)
- 579 trades in the last hour (threshold: 100)
- $100,873 of liquidity (threshold: $50,000)
- $586,512 market cap (threshold: $250,000)
- Trading pair 6 days old (threshold: 15 minutes)
Risk Note
This article does not constitute financial advice.