How to crypto cryptocurrency trading, a “buy wall” is a massive buy order, or multiple buy orders, around a particular price level. Conversely, a “sell wall” is a significant accumulation of sell orders at a given price level.
Before understanding how buy and sell walls work, it is important to know what an order book and its market depth are.
What is an order book in crypto trading?
An “order book” is an index listing buy and sell orders for a specific cryptocurrency based on price levels. A trade is executed when the orders on either side meet at a certain price level, establishing the cryptocurrency’s price as supply meets demand.
BTC/USDT order book example. Source: Binance
Nonetheless, these orders don’t get executed randomly — rather, the market fulfills them in the order of their sequence.
For example, two open orders are created when Peter Griffin attempts to sell 1 Bitcoin (BTC) for $25,000 and
Keep reading this article on Cointelegraph.com.