#ETHBreaks4000 Importance of Trading Data for Solana
Based on the image data, we can perform a computational analysis of the trading flow on the SOL/USDT pair:
1. Distribution of trading volumes by type of trades
Large Trades:
Buy: 2.22M SOL
Sell: 2.21M SOL
Difference ≈ +0.01M SOL in favor of buying.
Medium Trades:
Buy: 626,414.01 SOL
Sell: 688,215.50 SOL
Difference ≈ -61,801.49 SOL in favor of selling.
Small Trades:
Buy: 210,785.43 SOL
Sell: 211,794.19 SOL
Difference ≈ -1,008.75 SOL in favor of selling.
2. Percentage of total distribution
Large Buy: 35.94%
Large Sell: 35.87%
Medium Sell: 11.17%
Medium Buy: 10.16%
Small Sell: 3.44%
Small Buy: 3.42%
3. Net flow over the last 24 hours
From the bottom chart:
Largest Buy Flow: +435,109 SOL
Largest Sell Flow: -121,995 SOL
Total net flow over the last 24 hours: approximately +401,477 SOL (positive).
4. Conclusion
Despite selling pressure in medium and small trades, large trades leaned towards buying with a slight margin.
Total net flow is positive, indicating that the demand for SOL in recent hours has been higher than the supply.
If this positive flow continues, it may support further price increases in the short term.