What does it mean when the liquidation volume of a low market cap coin like ORDI is similar to that of high market cap coins like PEPE, XLM, PNUT, and ARB?
It indicates that there are many people bullish on ORDI and a lot of optimism, leading to heavy positions.
Similar to ETH a month ago, there are particularly many believers, but it doesn't mean it won't rise,
just that it's a bit difficult, and most of the bulls have been wiped out, making the positions lighter.
New coins that have come out in the last six months and old coins from three years ago generally have lighter positions.
