$TRB is experiencing significant volatility due to actions by Whales. Open Interest has risen by 134%, and Volume has surged by over 1000%, a typical Pump scenario.
However, two points of concern need to be observed. Open interest already accounts for 88% of the Market Cap, indicating high leverage, and the combined Volume of Exchanges has exceeded 1100% of the Market Cap.
Historically, when these metrics have been so high, it has been one of the key factors for major volatility and double liquidations. In other words, the Price may rise but runs the risk of a sharp decline.
