$Fruit Flies$ that have firmly held the top spot on BSC’s trending search list have just directly surged into the No. 2 position on the trend chart. Intra-day turnover is nearly $10 million, and the price has remained in a surge range of over 140%.
With a market cap of more than $5 million, the buy-side order-book support has been extremely dense: total matched trades throughout the day surpassed 63,000 transactions, including 35,900 buy orders, clearly outpacing the 27,500 sell orders on the opposite side, with a net buy order advantage of more than 8,300. In the most recent hour, buy orders have also maintained a lead of 374 transactions continuously. On-chain holder addresses have exceeded 8,300; more than 2,500 Binance wallet addresses collectively hold 25.25% of the float. Meanwhile, over 800 professional traders have also built positions exceeding 15%. The project team has zero holdings, and the concentration among the top ten addresses is only 13.75%.
However, behind the high-frequency turnover, there are also structural constraints that cannot be ignored: currently, the on-chain liquidity base pool is only about $330,000. The daily turnover multiple is close to 30x, and 178 bundled wallets control 13.64% of the related float. In an environment where enormous turnover is being carried by a relatively thin pool, after a short-term buy-side pulse, slippage losses and the risk of potential profit-taking still need to be continuously重点防范.
#BNBChain #Crypto
With a market cap of more than $5 million, the buy-side order-book support has been extremely dense: total matched trades throughout the day surpassed 63,000 transactions, including 35,900 buy orders, clearly outpacing the 27,500 sell orders on the opposite side, with a net buy order advantage of more than 8,300. In the most recent hour, buy orders have also maintained a lead of 374 transactions continuously. On-chain holder addresses have exceeded 8,300; more than 2,500 Binance wallet addresses collectively hold 25.25% of the float. Meanwhile, over 800 professional traders have also built positions exceeding 15%. The project team has zero holdings, and the concentration among the top ten addresses is only 13.75%.
However, behind the high-frequency turnover, there are also structural constraints that cannot be ignored: currently, the on-chain liquidity base pool is only about $330,000. The daily turnover multiple is close to 30x, and 178 bundled wallets control 13.64% of the related float. In an environment where enormous turnover is being carried by a relatively thin pool, after a short-term buy-side pulse, slippage losses and the risk of potential profit-taking still need to be continuously重点防范.
#BNBChain #Crypto