@CryptoKevJ@CryptoEOF@WatcherGuru With this metric, if someone moves $100 million on the XRPL and someone else buys $1 worth of a memecoin, they are counted equally
Bots and memecoin apart, Sol has less volume
@ChadSteingraber liquidity constantly changes and new sell orders can appear
the main issue is that visible order-book depth is not the same as the capital required to reach a target price. Exchange coverage, truncated order books, potentially cancelled orders and overlapping liquidity