#BTC ETH Perpetual Large Orders#

Recently, massive limit orders have emerged in the BTC and ETH perpetual contract markets, attracting market attention. Among them, ETH perpetual contracts saw 16.38 million limit orders, while BTC perpetual contracts saw 14.49 million limit orders. These large limit orders could have a significant impact on price movements. Analysts point out that these limit orders may be the result of market manipulation by major players, aiming to guide market prices. Specifically, large limit orders can play the following roles: First, they can create market panic or excitement, thereby driving price fluctuations; second, they can influence market supply and demand by buying or selling in large quantities, thereby affecting price movements; third, they can be used to arbitrage by taking advantage of price fluctuations. Therefore, investors need to closely monitor the movements of these large limit orders and make investment decisions based on their own circumstances. It is important to note that these analyses are for reference only and do not constitute investment advice. Investors should invest cautiously and manage their risks.