This token now has approximately $2,868 of liquidity, effectively untradeable. That is down 95% from the $52,861 reported when this article was published. The figures below describe conditions at the time of writing.
Chinese Black Bull (中国黑牛) Records Elevated Volume Relative to Market Cap on Solana
Risk Overview
The current risk level for Chinese Black Bull is elevated, primarily due to its short trading history and high volume relative to liquidity. The trading pair is only 4.7 hours old, which poses significant risks as most catastrophic failures occur within the first day.
- Pair maturity: 4.7 hours
- Volume vs liquidity: 24.9x
- Liquidity depth: $52,861
Liquidity Assessment
The liquidity figure stands at $52,861. Liquidity is 15.8% of market cap, close to the 16.8% typical at this size. While this liquidity is workable for small positions, larger orders will move the price against you.
Volume Assessment
The 24-hour volume is reported at $1,316,016. The 24h volume is 24.9x the pool's liquidity, indicating that the same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 4,324 buys and 3,742 sells, resulting in a buy/sell ratio of approximately 1.15. Transaction-level buy/sell data was not available.
Risk Note
This article does not constitute financial advice.