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BTC Orderbook Hint Of Market Manipulation, Who’s Behind It?

DATE POSTED:September 30, 2024
Spot Bitcoin ETF Inflows

The post BTC Orderbook Hint Of Market Manipulation, Who’s Behind It? appeared first on Coinpedia Fintech News

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.