Re: Same order in Buy and Sell order book - Explain please?
Can someone please help me understand what's going on in this order book? This is a screenshot of the XRP/USDT order book from Poloniex today. I have often noticed that there is a sell order and a buy order of almost the same size (usually quite large) and I think it is the same person doing it (either manually or using a bot)
This likely happened if someone is using a tool while trading but there are instances also that it was traded manually by the same person like it is his/her favorite number for trading.I can say that it is only normal and there are no problem with the exchange. Trading is somewhat profitable if you really know what you are doing and many are doing this in order to obtain a better ROI so there is a big chance that it is one of their trading technique only.