What does it mean that the liquidation volume of a low market cap coin like ORDI is always comparable to that of high market cap coins like PEPE, XLM, PNUT, and ARB?
It indicates that there are many people going long on ORDI, and many are optimistic, resulting in heavy positions.
Similar to ETH a month ago, there are particularly many optimistic people, which doesn’t mean it won’t rise,
it’s just a bit difficult, the bulls have nearly died off, and the positions are lighter.
In the last six months, new coins have been released, and older coins from three years ago are also relatively lighter.
