$ADA 5-minute trading value was approximately $3.6 million, 8.4 times the previous average; the price rose 0.73% over the same period.
Term explained: What does a spike in trading volume actually mean?
Every trade has both a buyer and a seller, so higher volume doesn’t mean there are more buyers or that money is flowing in—it simply means assets are changing hands more frequently.
Don’t chase a move just because of the multiple. Volatility is usually greatest when volume spikes, so using less leverage can help you stay more composed.
Don’t let a single number derail your plan, and don’t risk borrowed money just to test what one reading means.
Term explained: What does a spike in trading volume actually mean?
Every trade has both a buyer and a seller, so higher volume doesn’t mean there are more buyers or that money is flowing in—it simply means assets are changing hands more frequently.
Don’t chase a move just because of the multiple. Volatility is usually greatest when volume spikes, so using less leverage can help you stay more composed.
Don’t let a single number derail your plan, and don’t risk borrowed money just to test what one reading means.