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CVX/USDT Trading Insights Show a 12% Spread and Active Buy-Sell Activity
The current trading data for CVX/USDT shows a spread of 12.06%. The maximum trading volume observed is 211.0695, with a highest deal size of 591.16. Buying activity is taking place on KUCOIN with an average purchase price around 2.8008, executing buy orders between 2.8007 and 2.8008. Meanwhile, selling occurs on POLONIEX at an average price of approximately 3.1781, with sell orders between 3.179 and 3.178. The network used is ERC20, enabling both deposit and withdrawal functions, with a withdrawal fee of about 5.602 CVX (which equates to 2.0 CVX units).
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AI Analysis
The observed spread of 12.06% indicates a significant price difference between the buy and sell orders in the CVX/USDT trading pair. This spread can present both opportunities and risks; a wide spread...
AI Recommendation
Given the current spread and trading activity, traders should consider exercising caution. The wide spread suggests possible volatility or limited liquidity, which can lead to sudden price swings. It ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.