While GEOD's trading volume plunged roughly
↘52%
over the past week, active traders surged roughly
↗36%
in the past 24 hours—a rare disconnect.
Mixed signals across the board
Price climbed roughly
↗2.89%
over the past hour but declined roughly
↘3.47%
over the past week, with the asset trading near its 24-hour high. This short-term strength against a weekly pullback reflects the market's uncertainty.
Short positions getting expensive
Those betting against GEOD's price are paying a premium, with the funding rate at approximately -0.052% every 8 hours. Meanwhile, overall positioning activity dropped roughly
↘31%
, suggesting traders are stepping back from the market.
Network activity holding steady
The blockchain saw 3,481 active addresses with 125 new holders joining. However, recent sellers are realizing losses on average, based on the price they originally paid compared to current levels.
Low liquidity adds volatility risk
With market depth at just 0.65% of total value, larger buy or sell orders can move the price significantly. Only 44% of the maximum supply is currently available, meaning 56% remains locked or unreleased.