The founder of the OTC trading platform STIX stated that many WLFI whales want to sell assets at prices above cost, but the number of buyers is very limited.

On social network X, Taran shared that there are more than ten OTC sellers holding large positions (from 7 to 8 digits) wanting to sell WLFI as soon as the price exceeds costs, however, buyers are very few.

MAIN CONTENT

  • Many WLFI whales with large assets want to sell at prices above costs.

  • The market is lacking buyers corresponding to the amount of goods offered.

  • The challenge of balancing supply and demand for WLFI in the current OTC trading channels.

Why do many WLFI whales want to sell assets at prices above costs?

Based on Taran's sharing – the founder of the OTC trading platform STIX on July 5, WLFI whales holding large amounts of Tokens often expect to sell at a profit, meaning at prices higher than costs to maximize financial benefits. However, they do not want to lower selling prices despite the low market demand.

"More than a dozen large-volume OTC sellers (7 to 8 digits Token) are waiting to sell at any price above cost – but buyers are very few."

Taran, Founder of STIX, July 2024

This reflects the cautious sentiment and risk tolerance of institutional investors in maintaining a minimum selling price, while also reflecting the current state of poor liquidity in WLFI's OTC market.

What is the current supply and demand situation for WLFI in the OTC market?

Analysis from the STIX platform shows that although the amount of WLFI being sold is large, buyers appear hesitant, leading to a serious supply-demand imbalance. Low liquidity makes it difficult for asset prices to rise significantly in the short term.

"The discrepancy between the amount sold and bought in the OTC market is a major challenge hindering the balance of prices and the momentum of WLFI."

Cryptocurrency market analyst, 2024

What are the challenges and solutions to improve liquidity for WLFI?

The biggest challenge currently is the weak number of buyers leading to excess inventory on the OTC channel. To improve, it is necessary to increase investor confidence and diversify trading channels while promoting the development of the secondary market to enhance liquidity.

According to experts, cooperation between centralized and decentralized exchanges, as well as adding strategic investment consulting services, will help balance supply and demand more effectively.

Comparing WLFI's liquidity status with similar Tokens.

Criteria WLFI Token A Token B OTC sales volume 7-8 digits Token 5-6 digits Token 4-5 digits Number of buyers Very low Average Quite high Market liquidity Low Average High Average selling price Above cost Below cost Above cost

Frequently Asked Questions

Why do whales often hold large positions and not sell WLFI when there are few buyers? They expect selling prices above costs to optimize profits and limit panic selling that causes rapid price declines. How does the OTC market affect WLFI's liquidity? OTC facilitates large volume transactions, but low liquidity slows down the process of converting assets to cash. What solutions can improve WLFI's liquidity? Increase investor confidence, expand trading channels, and develop the secondary market to attract buyers. How does WLFI compare to other Tokens in terms of liquidity? WLFI has lower liquidity compared to some Tokens in the same segment due to limited buyers. How do experts evaluate the prospects of WLFI in the near future? Positive assessment if the supply-demand balance improves, providing sustainable price increase momentum.

Source: https://tintucbitcoin.com/stix-nhan-hoa-hong-tu-otc-wlfi/

Thank you for reading this article!

Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!