After reaching a new all-time high, the HYPE TWAP net buy volume has decreased, with the next 24-hour net buy volume at $3.91 million.
BlockBeats News, May 31st, according to data from hl.eco, at noon today, HYPE experienced a surge, breaking through a new high of $70. However, the TWAP net buy volume showed a decreasing trend, with a net sell volume of $202,000 in the past hour. The expected net buy volume in the next 24 hours is $3.91 million, compared to around $54 million earlier today.
BlockBeats Note: The TWAP order pattern (Time-Weighted Average Price) splits a large order into many smaller orders evenly over time and steadily executes them at fixed time intervals within a preset time window. It is a common algorithmic trading strategy mainly used to reduce market price impact when executing large orders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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