LEO token is trading actively on the Uniswap and Hive internal markets like LeoDex or Hive-Engine. Between these markets there are arbitrage opportunities or just trading to get some LEO tokens and try to participate to the Liquidity Pool or just exchanging for Hive or other secondary layer tokens. Nevertheless, even if not at the same levels and transactions levels like Uniswap, the LeoDex and Hive-Engine trading is quite active these days.
Now let's take a peak at whom are the market makers and what orders they have pending or already performed. Tracking them you might anticipate in which direction the market are expected to go and use that in your favor as well. Going to
Hive-Engine Detailed Market we can see the current Hive-Engine markets containing also the information on who are the sellers and the buyers. And here we go...
As we can see the buyers market is lead by following market traders:
On the other side, the sellers market is lead by following market traders:
= 10000 LEO
= 3894.875 LEO
= 2406.692 LEO
= 1499.803 LEO
= 1450 LEO
= 1367.066 LEO
= 1005 LEO
= 500 LEO
= 480 LEO
From these numbers we can conclude that:
- Some traders are leveraging the prices between the internal market (Hive-Engine, LeoDex) and Uniswap
- Some traders are leveraging the prices between same market with buy low sell high orders
- Some traders are investing in LEO expecting the price to rise
- Some traders are selling LEO expecting the price to decrease and buy back
Overall good movements on the markets and one could use this information to move following the big traders out there.