I keep seeing this order for 398.318 ADA pop up at the top of the order book. Seems automated. Is this normal?



That picture is what I am referring to. Every time the price changes, an order for .00001 more than the top order goes in for 398.318 lately. This is on bittrex.


What the hell kind of strategy is this person or group employing? I am intrigued.. Do you think it is just someone trying to hide a very large purchase by automating a ton of small purchases?


The effect it is having is that the price is stagnant. Havent seen ada this stable before.

View Reddit by imapisces29View Source


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