$IDOL IDOL saw an enormous $254 million in trading volume.
A true dead market is when both volume and price shrink. The deep pit created by IDOL’s volume spike and price collapse clearly shows major players below greedily scooping up stop-loss orders from panicked sellers.
Looking at the 30-minute chart, the market has managed to hold firm, with all the short-term moving averages reclaimed.
The panic-driven positions had already changed hands at the bottom. Anyone still daring to short now is simply paying the market makers interest out of pocket.
#币安10·30安全事件调查报告 #IDOL $IDOL #AGT $AGT 👇
A true dead market is when both volume and price shrink. The deep pit created by IDOL’s volume spike and price collapse clearly shows major players below greedily scooping up stop-loss orders from panicked sellers.
Looking at the 30-minute chart, the market has managed to hold firm, with all the short-term moving averages reclaimed.
The panic-driven positions had already changed hands at the bottom. Anyone still daring to short now is simply paying the market makers interest out of pocket.
#币安10·30安全事件调查报告 #IDOL $IDOL #AGT $AGT 👇
