Spotted some interesting action on a Solana-based token called $MARATHON trading through PumpSwap.
The 24-hour metrics are showing pretty balanced activity: - Buy volume sitting at $39,018 - Sell pressure at $39,359 - Current liquidity pool holds $20,919 - Market cap hovering around $46,561
What's notable here? The buy-sell ratio is almost 1:1, suggesting neither bulls nor bears have clear control right now. Liquidity's decent relative to the market cap—roughly 45% coverage, which isn't terrible for newer tokens.
This kind of equilibrium often precedes a directional move once volume picks up or liquidity shifts. Worth keeping on the radar if you're tracking emerging Solana plays.
Anyone else watching this one? What's your take on these metrics?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
SnapshotLaborer
· 6h ago
The buy and sell orders are so balanced... Feels like they're waiting for a breakout signal.
View OriginalReply0
BearMarketMonk
· 6h ago
A 1:1 buy-sell ratio? This is just waiting for a big drop or a big surge. Feels like it's about to explode.
View OriginalReply0
ETHmaxi_NoFilter
· 6h ago
The buy and sell orders are so balanced... feels like it's building up momentum, but with liquidity at only 45%, it's still a bit risky.
View OriginalReply0
GasWaster
· 6h ago
ngl those metrics are screaming "exit liquidity trap" to me... 45% coverage sounds fine until you realize the slippage on a $20k pool would absolutely gut you on any real position lmao. been there, lost the portfolio
Reply0
TokenUnlocker
· 6h ago
1:1 ratio? Looks like they're getting ready for a big move—let's see who makes the first move.
View OriginalReply0
AirdropCollector
· 6h ago
Buying and selling are almost evenly matched—this is awkward... Usually, this kind of deadlock either explodes or dies out. Which side will you bet on?
Spotted some interesting action on a Solana-based token called $MARATHON trading through PumpSwap.
The 24-hour metrics are showing pretty balanced activity:
- Buy volume sitting at $39,018
- Sell pressure at $39,359
- Current liquidity pool holds $20,919
- Market cap hovering around $46,561
What's notable here? The buy-sell ratio is almost 1:1, suggesting neither bulls nor bears have clear control right now. Liquidity's decent relative to the market cap—roughly 45% coverage, which isn't terrible for newer tokens.
This kind of equilibrium often precedes a directional move once volume picks up or liquidity shifts. Worth keeping on the radar if you're tracking emerging Solana plays.
Anyone else watching this one? What's your take on these metrics?