Some of the money flow is reflected in the trades: $Lobster plunged 3.72% in 5 minutes.
To figure out who's selling, I’d first look at two things:
· Are there consecutive aggressive sell orders during the drop?
· Are large orders stepping in to buy after the price falls?
For context: 24h trading volume was $205 million, up 7.71% over 24h. If both conditions hold, it’s probably just a change of hands; if only the first does, watch out for further selling pressure.
#Lobster
Just my personal take—it may not be accurate, so take it with caution.
To figure out who's selling, I’d first look at two things:
· Are there consecutive aggressive sell orders during the drop?
· Are large orders stepping in to buy after the price falls?
For context: 24h trading volume was $205 million, up 7.71% over 24h. If both conditions hold, it’s probably just a change of hands; if only the first does, watch out for further selling pressure.
#Lobster
Just my personal take—it may not be accurate, so take it with caution.