$BTC Whales Games



Here's a look at all the 5m+ perp limit orders.

Majority of these showing up after that pullback to ~63k.

Getting spicy!

Anyone trading this?
BTC-1.70%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 15
  • 1
  • Share
Comment
Add a comment
Add a comment
AutumnSlopeCabin
· 06-23 08:00
It's just a whale game, small investors don't get caught up, watch how the liquidity trap unfolds.
View OriginalReply0
DaoSidequester
· 06-23 01:40
This wave of whale order walls after the pullback feels like both bulls and bears are waiting for a false breakout.
View OriginalReply0
ColdStartUnderTheAurora
· 06-22 22:09
Is anyone trading this? I tried with a small position, stop loss set at 61k.
View OriginalReply0
FragmentedSilverStarMap
· 06-22 13:02
After the pullback, 5m+ limit orders are stacked up—this clearly indicates institutions are accumulating. Whether to follow them or not depends on your position.
View OriginalReply0
BridgeUnderTheMoonlight
· 06-22 10:00
If you only look at the chart, 63k seems like temporary support, but large perp orders may not actually execute.
View OriginalReply0
GovernanceVoting
· 06-22 02:44
The order density at the 63k level is quite interesting, are the whales playing psychological warfare?
View OriginalReply0
OneMoreReorg
· 06-22 02:38
Tried Xiaoduo, got beaten up, this game is really spicy
View OriginalReply0
GasFeesWithAPomeloFlavor
· 06-22 02:33
When the perp large orders and spot market sentiment diverge, I choose to trust the funding rate.
View OriginalReply0
GateUser-72e48736
· 06-22 02:30
This whale trace post, the comment section is more exciting than the market.
View OriginalReply0
DaoScraps
· 06-22 02:27
No trading, just watching; this position's profit and loss ratio is average.
View OriginalReply0
View More
  • Pinned