I've been seeing this for months but does anybody actually know for sure why they appear every now and again? I'm assuming these are ape limit orders (lots of 69's and 420's) that show through the cracks as they work their fuckery? It would be interesting to know for sure.
Posted Apr 5, 2022, 7:11 PM UTC
The funnier the number, the more probability its a real person. But yea, this is probably an example of "real" share pressure. (Long sale)
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Just big limit orders that never go through. They skew the order book around median price, but not volume weighted price. No big thing to worry about. Only info to glean is that that is an ape order