TIA Trade Analysis — Whales Pushing The Price Down!

TIA is down almost 4% in the last 24 hours. So, I wanted to know what's behind the sell pressure. Therefore, I analyzed the buy and sell orders over the previous 24 hours. Here's what I found out:

→ Overall, the buys slightly exceed the sells. In the last 24 hours, I tracked 288,000 buys and 281,000 sells.

→ The average trade size shows a slightly bearish picture. While the average buy order was 46.9 TIA, sell orders averaged 49.7 TIA.

But here's the interesting part:

→ When analyzing larger orders, you'll find a clear pattern: Bigger players are selling.

→ While I tracked only six buys with a volume between 50k-100k, I found 16 sells of that size. That's almost thrice as much sells than buys!

→ And it gets worse at orders between 100k and 500k. While there's not a single buy of that size, you can find eight sells.

Summarized: Although there's a high amount of buy orders, sellers execute bigger positions—especially when it comes to trades above 50k.