When 2 large sellers appear at $0.021 I thought that the 2 most likely scenarios were
1. Most likely genuine sellers, but certainly unusual to place in market rather than disclose gradually so as to not scare buyers off
2. Actually want more, and want to scare buyer off, in order to pick up more at a (slightly) lower price. Given the nature of Otto historical trading, this may work. However, it does come with the risk that a larger buy takes the lot.
However, there have been a couple of changes to orders that make Option 2 slightly more likely than it was.
The orginal orders (in part) as posted above were
20,000,000
29,486,383
780,500
The orders are now
780,500,383 is now above the two large sellers
This means that the two large sellers have cancelled and resubmitted orders, losing their place in the sell queue.
This isn't that unusual, so can't read too much into it.
28,792,266 has been reduced from 29,486,383
and is now above the 20m seller
19,314,317 has been reduced from 20m.
The slight reduction in seller quantity for both sellers is unusual.
Given that both have been reduced makes it especially unusual.
Still not convinced that sellers actually want more, but it is a possibility.
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.3¢ | $9.1K | 700K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 12179048 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 15060860 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 12179048 | 0.012 |
8 | 4907271 | 0.011 |
7 | 14275452 | 0.010 |
2 | 1375122 | 0.008 |
2 | 166837 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 15060860 | 16 |
0.014 | 5358893 | 11 |
0.015 | 4956622 | 7 |
0.016 | 2000000 | 1 |
0.017 | 72000 | 1 |
Last trade - 15.54pm 03/10/2024 (20 minute delay) ? |
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