Big money on the move? $IRYS 15-minute plunge of 4.88%
To figure out who’s selling, I’d first watch for two things:
Whether there are consecutive aggressive sell orders during the decline
Whether large buy orders step in to absorb the selling after the price drops
For reference: 24h trading volume is $274 million, up 11.15% over 24h. If both are true, it’s often just a rotation of holders; if only the first is true, beware of further selling pressure.
To figure out who’s selling, I’d first watch for two things:
Whether there are consecutive aggressive sell orders during the decline
Whether large buy orders step in to absorb the selling after the price drops
For reference: 24h trading volume is $274 million, up 11.15% over 24h. If both are true, it’s often just a rotation of holders; if only the first is true, beware of further selling pressure.