𧱠$QNT 's buyers and sellers: 9 in 10 wait in one place.
đ At 05:45 UTC on 1 Oct, about 90% of the buy + sell orders within 1% of the price sat on a single exchange. The other five held 1â5% each. Total: $6.4M across 6 major exchanges.
⥠The total moved from $2.6M to $6.4M in under 30 minutes.
â ïž When nearly all orders sit in one place, they can disappear quickly, and so can a steady price.
đĄ A healthy order book has orders spread across several exchanges.
Where do you trade QNT? đ
#QNT #Liquidity #OrderBook
Not financial advice. DYOR.
đ At 05:45 UTC on 1 Oct, about 90% of the buy + sell orders within 1% of the price sat on a single exchange. The other five held 1â5% each. Total: $6.4M across 6 major exchanges.
⥠The total moved from $2.6M to $6.4M in under 30 minutes.
â ïž When nearly all orders sit in one place, they can disappear quickly, and so can a steady price.
đĄ A healthy order book has orders spread across several exchanges.
Where do you trade QNT? đ
#QNT #Liquidity #OrderBook
Not financial advice. DYOR.
