Mustafa Mulla
Mustafa Mulla
Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
- Sep 30, 2024 19:06 UTC
- 121 Total Readers
A recent observation from Coinglass highlights suspicious activity in Bitcoin’s order book on Binance Futures. According to the post, a large wall of sell orders suddenly appeared, only to vanish moments later. This pattern has happened before, raising concerns among traders about potential market manipulation. Such actions can significantly impact the price of Bitcoin, as large sell orders tend to create panic among investors. When these orders disappear, it leads to confusion and questions about who could be behind these tactics.
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Source: https://coinpedia.org/crypto-live-news/btc-orderbook-hint-of-market-manipulation-whos-behind-it/