Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Woke up early this morning and saw $ROBO dumping hard, and it was a volume-driven selloff.
At first I thought it was the reward from the shilled KOL dropping, so I asked around but everyone said it hasn't been distributed yet. After looking more carefully, I realized the trading volume had increased so much—most likely large capital is withdrawing. The price probably won't pump again in the short term.
Did anyone else notice that the coin price had a volume spike at midnight when the project team released positive news, but the price didn't go up? That already signaled that institutions were dumping.
However, the coin price might have been too stable at midnight, which made the institutions lower their guard. So this morning they might have thought today's volume wouldn't be worse than midnight and nothing would happen. But unexpectedly they directly dumped the price down to 0.036.
The key point is that after the dump, buying pressure remained very weak. Only the bottom-fishers managed to pull the price up to 0.037, and the volume was tiny. So I estimate the price won't pump again in the short term $ROBO