Nice to see the 122 BTC buy order on Mintpal
i'm new to trading can somebody explain what this exactly mean?
It means someone wants a lot of BlackCoin.
ok thanks
That is also a WHALE tactic where they place a huge buy order to instill confidence. Then when you buy thinking there is support they remove it. Then you become a bag holder for them.
Don't think that's the case here.. 30 BTC just broke off and put near the front lines. And the rest isn't far. That could easily be sold into hard, doubt a whale would risk it if that was their plan.