80% volume-to-market-cap ratio. The entire market cap traded almost once. And -23.67M is bleeding out. 📉
@Plasma $XPL at rank #123 with the most insane volume stats you'll see today. Large wallets dumped -17.65M. Medium players exited -7.05M. Only small retail buying +1.03M. Classic trap—retail catching knives while institutions unload.
When 80% of your market cap trades in 24 hours with net outflows across every whale and mid-tier order size, that's not price discovery. That's coordinated distribution on maximum volume. Price rejected $0.0969 and bled down to $0.0879 while $153M volume churned through a $189M market cap.
Plasma is Layer-1 infrastructure for stablecoin payments with zero-fee USDT transfers. Solid tech. But tech doesn't save you when smart money is exiting and retail is the only bid left standing. 🧠
Are you tracking who's selling into your buys, or just watching green and red candles?