Dump Risk Radar
Here’s an overview of how the Dump Risk Radar works and how you can use it:
Last updated
Here’s an overview of how the Dump Risk Radar works and how you can use it:
Last updated
Understanding when an asset's price might drop can be challenging, especially when trying to estimate peak profit levels. While the Relative Strength Index (RSI) is a common tool for assessing overbought and oversold conditions, it often requires complex calculations and provides only a numerical measure of market strength. Dump Risk Radar offers a different approach.
Instead of relying solely on RSI, Dump Risk Radar estimates the likelihood of a significant price drop by analyzing the total unrealized profits of traders and adjusting for the spread. This method helps identify pairs with high profit levels and predicts potential short-term sales.
Key features include:
Unrealized Profit Data: Available on the DexCheck platform, this data helps compute the net profit for each trader and estimate average percentage profit.
Unrealized Profit Concentration Ratio (UPCR): This algorithm assesses the distribution of unrealized profits to gauge selling pressure. High UPCR values indicate a tight profit spread and higher sell pressure, while low UPCR values suggest lower pressure.
Dump Risk Radar simplifies the process of estimating market strength, allowing traders to make quicker, more accurate conclusions about potential price movements.
The Dump Risk Radar provides several key metrics to help traders:
Unrealized Profit: The gains that traders have not yet realized on a given asset pair.
Risk Gauge: A graphical representation of the dump risk level, displayed as low, medium, or high, along with visual intensity indicators.
Average ROI: The average return on investment for traders on each pair, which helps indicate typical profit scenarios and associated dump risks.
Traders: The number of active traders on the tracked asset pair.
Currently, Dump Risk Radar supports Ethereum, Binance Smart Chain and Solana, with additional networks to be added in the future.
We are confident in the accuracy and value of the Dump Risk Radar for cryptocurrency traders. This new tool enhances DexCheck’s position as a leading AI-powered platform for trading insights. While Dump Risk Radar is currently available exclusively to premium users, including $DCK stakers and tiered subscription plan holders, we are planning further applications and updates. Stay tuned for more announcements as we continue to expand our offerings.
