Wow, RLC's trading volume surged 38x today!
Volume exploded from an average of 2.6 million to 100 million, up 58.2%. Futures trading volume hit $150 million, making it the coin with the biggest volume increase across the entire market today.
Earlier in this rally, when it reached +52%, the large traders' long/short ratio plunged straight from 3.04 to 0.90, with 60% flipping to net short. At the time, it looked like distribution. But today it kept climbing on even higher volume, which suggests new buyers are coming in—not just a short squeeze.
ADA also saw its volume increase 2.56x, with spot up 10.7% and trading volume at $100 million. Large traders have been steadily accumulating, and the setup looks clean.
#加密市场 $RLC $ADA $GTC
Volume exploded from an average of 2.6 million to 100 million, up 58.2%. Futures trading volume hit $150 million, making it the coin with the biggest volume increase across the entire market today.
Earlier in this rally, when it reached +52%, the large traders' long/short ratio plunged straight from 3.04 to 0.90, with 60% flipping to net short. At the time, it looked like distribution. But today it kept climbing on even higher volume, which suggests new buyers are coming in—not just a short squeeze.
ADA also saw its volume increase 2.56x, with spot up 10.7% and trading volume at $100 million. Large traders have been steadily accumulating, and the setup looks clean.
#加密市场 $RLC $ADA $GTC