$RIVER this token has been interesting recently. If you look closely at the order book, you'll notice that the circulating supply is indeed quite tight. Many people are placing orders, but the volume levels are generally small—just a few, around ten orders at most, and there are hardly any orders daring to place thousands. What does this phenomenon indicate? It suggests that the distribution of holdings among holders is not very dispersed, and large holders are quite reluctant to sell. Under this liquidity pattern, any small movement can easily trigger price fluctuations. It's an intriguing trading characteristic.
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$RIVER this token has been interesting recently. If you look closely at the order book, you'll notice that the circulating supply is indeed quite tight. Many people are placing orders, but the volume levels are generally small—just a few, around ten orders at most, and there are hardly any orders daring to place thousands. What does this phenomenon indicate? It suggests that the distribution of holdings among holders is not very dispersed, and large holders are quite reluctant to sell. Under this liquidity pattern, any small movement can easily trigger price fluctuations. It's an intriguing trading characteristic.