What Is an Iceberg Order? How Large Crypto Traders Hide…
By Tobi Opeyemi Amure
Source excerpt · FinanceFeeds
A large cryptocurrency trade can change the conditions under which the rest of that trade executes. When a trader places a substantial buy order, other market participants may recognize the demand and raise their asking prices. A large sell order can have the opposite effect, encouraging buyers to lower their bids or prompting other holders to sell. Iceberg orders give traders a way to manage this…