Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
solex
on 17/09/2013, 05:21:29 UTC
ummm, the same thing is going on at bitstamp. slow and steady stream of 1 btc sells.

This is a steady stream of buys. These trades aren't originated by sellers because the seller's orders are being hit all the time. Someone is accumulating a large holding and does not want to do the usual whale splash of ripping up the ask wall.