Are you also wondering who’s been dumping COAI with that huge -17% red candle?
The bulls are really feeling the heat right now. The guys trying to catch the bottom have been buying from 0.36 all the way down to 0.27, getting deeper into the red, holding their positions tight. The trading volume of 28.64 million looks significant, but the transaction value is only 8.7 million USD—this indicates that the selling pressure isn’t just retail panic; it seems like big money is unloading in batches, each time dropping a bit and reducing volume. On the short side, they haven’t been aggressively adding to their positions; the fee at +0.005% is pretty normal, like nothing's happening, which suggests that shorts aren't too keen to chase, fearing a potential pump.
But here’s the kicker: if this is just a shakeout, it shouldn’t have dropped on such low volume. A volume drop like this usually means either the whales are intentionally suppressing the price to accumulate, or there’s just no one willing to buy, leading to a liquidity drought. What do you think this position is—an opportunity or a black hole? Those who’ve been caught before know the struggle; give me a thumbs up if you’re still holding on strong.
#COAI
The bulls are really feeling the heat right now. The guys trying to catch the bottom have been buying from 0.36 all the way down to 0.27, getting deeper into the red, holding their positions tight. The trading volume of 28.64 million looks significant, but the transaction value is only 8.7 million USD—this indicates that the selling pressure isn’t just retail panic; it seems like big money is unloading in batches, each time dropping a bit and reducing volume. On the short side, they haven’t been aggressively adding to their positions; the fee at +0.005% is pretty normal, like nothing's happening, which suggests that shorts aren't too keen to chase, fearing a potential pump.
But here’s the kicker: if this is just a shakeout, it shouldn’t have dropped on such low volume. A volume drop like this usually means either the whales are intentionally suppressing the price to accumulate, or there’s just no one willing to buy, leading to a liquidity drought. What do you think this position is—an opportunity or a black hole? Those who’ve been caught before know the struggle; give me a thumbs up if you’re still holding on strong.
#COAI