🐳 Where is the money going?
$AKE 1 Up +10.67% in 1 hour, current price 0.00606, 24h trading volume $669 million.
Let’s break it down from the capital flow perspective:
· The gains are concentrated in a short 1-hour period, indicating highly concentrated buying pressure
· 24h is also up +21.81%, with positioning moving in the same direction
· Next, watch whether aggressive buy orders keep coming in; if they dry up, gains could easily be given back
Different takes are welcome in the comments.
#AKE
$AKE 1 Up +10.67% in 1 hour, current price 0.00606, 24h trading volume $669 million.
Let’s break it down from the capital flow perspective:
· The gains are concentrated in a short 1-hour period, indicating highly concentrated buying pressure
· 24h is also up +21.81%, with positioning moving in the same direction
· Next, watch whether aggressive buy orders keep coming in; if they dry up, gains could easily be given back
Different takes are welcome in the comments.
#AKE
