The reason for this sudden stretch is because there are too few coins, with many people holding and very few selling. Suddenly, there's an order placed there, but no one else is placing orders, so it was sold directly at a high level.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.