What'S going on, why so many transfers? https://x.com/kdastats_io?t=iF2zTcjFUD4_XGgOg_dQbw&s=09

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Kadena Official Telegram

Kafkas Kartalı

What'S going on, why so many transfers? https://x.com/kdastats_io?t=iF2zTcjFUD4_XGgOg_dQbw&s=09

#blockchain #cryptocurrency #english #kadena

0

31.05.2024

4 ответов

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Rose

Reecer
So don’t need to worry so much about team selling....

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0

25 дней назад

Ted Fulton

Reecer
So don’t need to worry so much about team selling....

so then we just need to get popular again? need the hype, greed and speculation LFG!!!!!

0

25 дней назад

Mike Herron

Not us

0

25 дней назад

Reecer · Accepted Answer

So don’t need to worry so much about team selling. It doesn’t create the pressure you think it will. All exchanges function using LPs (liquidity providers) who HAVE to buy or sell the coin at any market price to fill orders. They get a share of the trading fees. It’s only once the resources of all LPs are used up that price really gets hit. They then sell or buy the tokens slowly over time or spread out big orders over multiple exchanges so it doesn’t create instant massive spikes. A few hundred k is not going to cause too many problems and is not the reason the price is depressed rn. It doesn’t help but it’s not the primary reason. I had this explained to me in person by an LP that does over 1% of Binances total trading volume.

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What'S going on, why so many transfers? https://x.com/kdastats_io?t=iF2zTcjFUD4_XGgOg_dQbw&s=09

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