$KAT 5 minutes, it plunged 12.07%, with 24-hour trading volume of $10.5 million.
I usually compare exchange net inflows with the movements of whale addresses—it gives me another perspective beyond just looking at candlestick charts.
Sharp drops are often accompanied by large-scale liquidations of leveraged long positions. Once those are cleared out, there can sometimes be a technical rebound.
Just chatting off the cuff—don’t take this as investment advice.
I usually compare exchange net inflows with the movements of whale addresses—it gives me another perspective beyond just looking at candlestick charts.
Sharp drops are often accompanied by large-scale liquidations of leveraged long positions. Once those are cleared out, there can sometimes be a technical rebound.
Just chatting off the cuff—don’t take this as investment advice.