As a London-based blockchain analyst with 5 years in DeFi audit, I've tracked AirSwap's volatile price movements across four snapshots—USD from $0.037 to $0.051, CNY from ¥0.298 to ¥0.312—with trading volumes spiking beyond 108K and turnover rates hitting 1.78. This isn't noise; it's a calibrated signal of liquidity reallocation. Here’s what the data reveals when you strip away emotion.