Market makers use paper hands and leveraging apes to suck money out of the spot market, then they buy at cheaper prices via OTC or from miners.
Practically buying cheaper corn using the money of the weak.
Indeed. Don't think of online exchanges as price discovery. They are the
realm of people who don't know anyone.
Sorry, I have no clue what two of you are talking about.
I simply send "stuff' to exchanges when i want to sell OR send $$ when i want to buy.
Some exchanges HAVE an OTC desk, btw.