Hi Fellas,
i was always curious but never asked why there is always a buyorder of 1 BTC for any altcoin that gets newly listed on Bittrex.
And this continues f.e. with orders of 0.7, 0.5 btc per coin even if the coin is already listed on different exchanges and traded for 1k sats.
whats the benefit of it, why would people throw out so much money?