$KGEN |Trading volume surged 8.1x in 1 hour|Price fell 4.55%
What does a surge in trading volume mean? A sharp increase in volume often occurs when news breaks, a key price level is breached, large orders enter or exit the market, or widespread liquidations take place.
A surge in volume may also result from concentrated liquidations: liquidation orders are executed passively, so this kind of volume surge means something different from active trading and should be considered alongside liquidation activity.
Multiple data points that corroborate one another are more reliable than looking at just one, but even a large number of signals cannot provide a definite answer.