This is a genuine question as I am not understanding this part of the market.
Thanks!
It's 99.5% manipulation. Big buy orders to lure newbies and unskilled traders to buy, and then they dump on them.
Yup. "Oh WOW, look at that buy order volume!!! TO THE MOON!!!!11one"
.00000010 - 0.002 btc
.00000009 - 0.009 btc
.00000008 - 15.69 btc
.00000007 - 0.012 btc
.00000006 - 0.003 btc
.00000005 - 0.001 btc
.00000004 - 0.001 btc
.00000003 - 0.001 btc
.00000002 - 0.100 btc
.00000001 - 1.020 btc