The orders that are liquidated in the market are working on high leverage only.
But you will be surprised. On high leverage, the total order is sold at the front of the market.
No one comes to buy.
Sol.
I placed two orders three times, one of which was for 1.5 million, and as soon as the price hit, it crashed.
After that,
In two hours, only 1 percent was buy side, the rest of the total 99% of the orders are getting sell side.
So what is the exchange's mistake there? When the whole world is selling with its leverage, should it also sell? 🤔
That is, 99 percent of the world sells from high to low and buys from low. While if I place a big order on high leverage, it will be visible to the market at that time. Now orders are being placed in seconds, but where are all the big orders being liquidated on high leverage? They are being liquidated in very closes. They have a very small chance of booking profits, otherwise the market would have caught up with them immediately.
And even if it happens, the order is not for small amounts of money
It is always above 10
thousand dollars
Even orders up to a million
And the funny thing is that the market is not even putting volume for leverage liquidation on this high supply, otherwise on this much supply, it should have put orders of double million, but from the notification it is understood that it is creating demand by shorting the token. Despite this high supply, the price is pumping in such a way that the total sellers are liquidating on one side, while no one is putting a big volume on the buy side.
So the question is, how is the price being pumped then
While the total orders are on the sell side with high leverage.