Sell Wall

« Back to Glossary Index

It is a situation where a large limit of the order has been placed when a cryptocurrency reaches a specific value that can likely cause the price of the cryptocurrency to drop substantially. It can be placed by anyone, especially the high-net worth individuals or the whales for manipulating the asset prices to their advantage although the others can also help add to that order. The sell walls can be removed and placed continuously on the order book by the whales for price manipulation and most of the exchanges have interactive depth charts for indicating the buy and sell walls. A buy wall is just the opposite of the sell wall.

« Back to Glossary Index