Lobsters at least have Binance contracts available; the contract order book depth is somewhat better than the spot market. If a big holder wants to take profits and close out, they can simply open a short position in the futures market for hedging, then slowly unwind and sell the inventory in the spot market. So just watching transfers to this address isn’t enough—you also need to monitor whether there are any changes in the contract market’s open interest and the long/short ratio. #Lobster
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有志币青年
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Approximately 144,452,986 tokens of the #龙虾 units have been transferred into addresses marked as related to Aster
After large-volume chips are concentrated and transferred, if any concentrated trades or transfers occur afterward, it may have a significant impact on market liquidity and price
Binance contracts are already listed, which indicates the liquidity is still decent. But precisely because of that, the cost for large holders to dump is also lower—the risk is two-sided.
After large-volume chips are concentrated and transferred, if any concentrated trades or transfers occur afterward, it may have a significant impact on market liquidity and price
Binance contracts are already listed, which indicates the liquidity is still decent. But precisely because of that, the cost for large holders to dump is also lower—the risk is two-sided.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.