Someone is buying LINK/BTC in secret

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Someone is buying LINK/BTC in secret Anonymous Fri Mar 22 11:04:05 2024 No.58109129 [Reply] [Original]

I’ve been stalking the order book for a day.
Whenever there appears a large amount of liquidity on the ask side within a few sats of current price (no more than 0.2% up) say, 10k-50k LINK (which doesnt happen that much) someone has been instantly market ordering that exact amount.

It means the price doesn’t move up basically at all. They are trying to accumulate a big position without moving the price at all. Very strange behaviour.

Over the past week or two there have been several events where others market ordered 250k-700k link causing a spike and full retrace after on the BTC pair.

This person seems to be stalking the book and buying very methodically.

>>	Anonymous Fri Mar 22 11:06:51 2024 No.58109147 >>58109129 Interdasting… thanks for the schizo hopium anon, unironically.

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