Spotted some interesting activity on $PYTH via Raydium today.
The numbers caught my eye: 24H buy volume sitting at just $4 while sell volume stayed at zero. Liquidity pool holds around $15.17K, and market cap's positioned at roughly $411.77M.
Contract address for those tracking: HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3
Always curious when buying pressure stays this minimal on a decent-sized cap. Worth keeping tabs on.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
MetaverseHobo
· 12-05 04:49
The difference between buy and sell volume is so big... It feels a bit strange.
View OriginalReply0
NftBankruptcyClub
· 12-05 04:47
Buying volume is only 4 yuan? This trading volume is way too sparse...
View OriginalReply0
BridgeNomad
· 12-05 04:40
nah that $4 buy volume screams liquidity fragmentation to me. seen this pattern before right before a bridge exploit—everyone pulling to "safer" venues. that $15.17k pool is basically a ghost town waiting to happen
Reply0
AirdropHunterWang
· 12-05 04:40
The acquisition cost is only 4 yuan, it must be really cold... Feels a bit strange.
Spotted some interesting activity on $PYTH via Raydium today.
The numbers caught my eye: 24H buy volume sitting at just $4 while sell volume stayed at zero. Liquidity pool holds around $15.17K, and market cap's positioned at roughly $411.77M.
Contract address for those tracking: HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3
Always curious when buying pressure stays this minimal on a decent-sized cap. Worth keeping tabs on.