Sushicat (SUSHICAT) Rose 21.7% on Turnover of 11.2x Its Pool Depth
Participation Event
In the last hour, sushicat (SUSHICAT) recorded 285 transactions, comprising 152 buys and 133 sells. This trading activity represents a significant increase compared to the previous hour, indicating heightened interest and engagement from traders.
- Volume vs liquidity: 11.2x
Transaction Breakdown
Of the 285 transactions in the last hour, 152 were buys and 133 were sells. This results in a relatively balanced order flow, with approximately 47% of trades being sales.
Market Activity
The 24-hour trading volume for sushicat reached $1,829,468, which is 11.2 times the liquidity of $162,852. This elevated volume relative to liquidity suggests active trading conditions in the market.
Liquidity Profile
The liquidity available for sushicat is $162,852. This amount is adequate for ordinary position sizes but not deep enough for larger trades.
Risk Note
This article does not constitute financial advice. Please consider the risks associated with trading cryptocurrencies.