Author Topic: Cardano on Bittrex  (Read 464 times)

dandelion

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Cardano on Bittrex
« on: November 02, 2017, 06:24:55 AM »
I'm passively watching ADA's trading activity on Bittrex, and I notice very large sums (current market value over 1-2 million USD) move into and out of the ASKS column, there one minute, gone the next, then back again.  This of course makes the *Order Book* switch back and forth from looking very balanced (I expect we may finally see a push upwards soon) to looking very unbalanced. 

Obviously no one thinks they're going to sell 500+ BTC worth of ADA at 2000 satoshis per, at this point in time.  Why even place the buy order in the first place? Is it an auto trading script doing weird things?  Just looking to educate myself. Cheers!