What impact does the dark pool volume of Ape coin have on its price?

1 answers

• Shree Karthik TSFeb 18, 2024 · 2 years ago
  As an expert at BYDFi, I can say that the dark pool volume of Ape coin can have a significant impact on its price. Dark pools are popular among institutional investors who prefer to trade large volumes without impacting the market. When the dark pool volume of Ape coin increases, it indicates a strong demand from institutional investors, which can drive up the price. Conversely, a decrease in dark pool volume may indicate a lack of interest from institutional investors, leading to a potential price decrease. Therefore, monitoring the dark pool volume of Ape coin is crucial for understanding its price movements and making informed investment decisions.
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