Bitbank (BITBANK) Drops 44.6% Against $88,056 of Depth, Leaving Little Room to Exit at the Quoted Price
Volatility Event
Bitbank (BITBANK) traded between $0.0000035 and $0.0000020 during the hour, with a turnover of $196,229. This indicates a significant price movement, with a drop of 44.6% reflecting a volatile trading environment.
- Liquidity depth: $88,056
What The Risk Data Shows
The strongest contributor is liquidity depth: $88,056 of liquidity. Workable for small positions, but larger orders will move the price against you. Additionally, 24h volume is 7.5x liquidity — active trading relative to pool depth. The overall risk band is Moderate.
Trading Conditions
In the last hour, there were 626 buys and 524 sells, indicating a roughly balanced order flow. This balance suggests that trading activity is consistent, though the selling pressure is slightly higher.
Liquidity Context
The liquidity figure stands at $88,056, which implies that larger trades may encounter difficulty executing at the quoted price. This depth is relatively low compared to the market cap of $370,779.
Why This Was Flagged
- Price moved 44.6% in one hour (threshold: 15%)
- One-hour volume of $196,229 (threshold: $25,000)
- 1,150 trades in the last hour (threshold: 100)
- $88,056 of liquidity (threshold: $50,000)
- $370,779 market cap (threshold: $250,000)
- Trading pair 40 days old (threshold: 15 minutes)
Risk Note
This article does not constitute financial advice.