So im watching the orderbook and this is what i found
So im watching the orderbook and this is what i found
Im watching the order book on kraken pro and someone puts up a sell order for 15-21 Bitcoin every 1 min then closes it then opens a long exatcly every 5 min 10 sec for 10 – 25 btc i was watching it for an hour and exactly every min a 15-21 sell order appears. if you do that constantly: quick math 1.8million short every minute that gives a negative signal and pushes the price lower. Im watching the orderbook in the past hour or so and it happens precisely. So when you do buy order in 5 minutes for similar amount its not gonna push up the prices because the market has a continious sell signal in every minute. Its evil genius i think.
Kasun Premathilake Answered question March 10, 2025
The order book you know affects the price if it’s covered. But the exchanges do tricks also.
Kasun Premathilake Answered question March 10, 2025