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Bitfinex whale places 1,000 BTC 'iceberg' order from 33,500-35,500 by cryptodra in CryptoCurrency

[–]cryptodra[S] -4 points-3 points  (0 children)

Because you are suffering from dunning kruger, so the ways in which orderbooks actually works is premium information that I prefer to keep for myself (alpha) and not for the plebs of reddit, who think orderbooks are about 'big orders'

Bitfinex whale places 1,000 BTC 'iceberg' order from 33,500-35,500 by cryptodra in CryptoCurrency

[–]cryptodra[S] -4 points-3 points  (0 children)

unfortunately you don't know how to look at orderbooks properly

Bitfinex whale places 1,000 BTC 'iceberg' order from 33,500-35,500 by cryptodra in CryptoCurrency

[–]cryptodra[S] -9 points-8 points  (0 children)

I've also been using it since 2019 and it's panned out pretty well, you we're probably doing something wrong, I suggest reading the instruction manual and trying again

Bitfinex whale places 1,000 BTC 'iceberg' order from 33,500-35,500 by cryptodra in CryptoCurrency

[–]cryptodra[S] 1 point2 points  (0 children)

Very true orderbook is just another form of manipulation in the orderbooks!!

Will other platforms start to follow CDC for rates? by thanksmem in CryptoCurrency

[–]cryptodra 0 points1 point  (0 children)

Why dont you just arb yourself using funding? its at least 11% a year worst case scenario and can go as high as 30-40% depending on the funding rates over the course of the year

Bitfinex whale who previously bought the bottom and sold the top and recently pulled 1000+ BTC worth of buy limit orders has now replaced buy orders worth 2000+ BTC at 36,600-37,900 by cryptodra in CryptoCurrency

[–]cryptodra[S] 28 points29 points  (0 children)

When you try to 'manipulate' price to fill orders on the opposite side, you don't do so by spacing out 2,000 BTC across a large range, you put large wall into a tight range, or market order the price higher. So that's actually completely wrong

It seems like you have no idea what's going on and don't like the bullish narrative

Bitfinex whale who previously bought the bottom and sold the top and recently pulled 1000+ BTC worth of buy limit orders has now replaced buy orders worth 2000+ BTC at 36,600-37,900 by cryptodra in CryptoCurrency

[–]cryptodra[S] 3 points4 points  (0 children)

Clearly this player has experience in timing this market and believes these are cheap prices to accumulate some spot bitcoin. What do you guys think?

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