$APM , continuously ranking first in both the BSC trend and hot searches; its single-day turnover has surged to more than $11 million, but the actual on-chain holder base is extremely narrow.
With a market cap of over $5.8 million, the order-book matching activity is abnormally feverish: in the past 24 hours, the total number of on-chain matched trades across the network exceeded 52,000; the combined buy and sell side total turnover surpassed $11.2 million, and the liquidity pool also expanded to over $1.9 million.
However, when you look through to the underlying capital, it shows an almost closed-off concentration: currently there are only 471 token-holding addresses across the network; the top ten holders account for as much as 99.74% concentration; and the 18 bundled wallets together still control 21.33% of the tokens. With more than 99% of the tokens highly concentrated and locked in the hands of very few addresses, the amount of genuinely circulating capital available externally is very limited. The liquidity and rebalancing risks behind such massive turnover battles still need to be重点防范 (重点防范).
#BNBChain #Crypto
With a market cap of over $5.8 million, the order-book matching activity is abnormally feverish: in the past 24 hours, the total number of on-chain matched trades across the network exceeded 52,000; the combined buy and sell side total turnover surpassed $11.2 million, and the liquidity pool also expanded to over $1.9 million.
However, when you look through to the underlying capital, it shows an almost closed-off concentration: currently there are only 471 token-holding addresses across the network; the top ten holders account for as much as 99.74% concentration; and the 18 bundled wallets together still control 21.33% of the tokens. With more than 99% of the tokens highly concentrated and locked in the hands of very few addresses, the amount of genuinely circulating capital available externally is very limited. The liquidity and rebalancing risks behind such massive turnover battles still need to be重点防范 (重点防范).
#BNBChain #Crypto