Bicat (BICAT) Slides 22.7% on Turnover of 37.9x Its Pool Depth
Volatility Event
Bicat (BICAT) traded between $0.002814 and a lower price point following a significant downturn. The turnover during this hour reached $207,832, which is 37.9 times the pool's liquidity of $183,443. This high turnover indicates a rapidly changing market environment, reflecting a lack of orderliness in the price movement.
- Volume vs liquidity: 37.9x
What The Risk Data Shows
24h volume is 37.9x the pool's liquidity. The same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity. The overall risk band is Elevated. Liquidity is $183,443, adequate for ordinary position sizes, though not deep.
Trading Conditions
In the last hour, there were 664 buys and 444 sells, resulting in a roughly balanced order flow with 40% of the transactions being sells. This balance suggests a market with active participation from both buyers and sellers.
Liquidity Context
The liquidity figure stands at $183,443, which implies that while it is adequate for typical trading activities, it does not provide deep market support. This could lead to increased volatility during significant trades.
Why This Was Flagged
- Price moved 22.7% in one hour (threshold: 15%)
- One-hour volume of $207,832 (threshold: $25,000)
- 1,108 trades in the last hour (threshold: 100)
- $183,443 of liquidity (threshold: $50,000)
- $2,814,375 market cap (threshold: $250,000)
- Trading pair 15 days old (threshold: 15 minutes)
Risk Note
This article does not constitute financial advice.