Sell wall
By bitcoin_delight | Updated on May 24, 2020
Sell walls are a relatively new phenomenon in public order book exchanges with the rise of cryptocurrency trading. They are always manipulative in nature, designed to scare traders and skew price perception by placing anomolously large sell order(s) at a single price point. This will be reflected in the order book as a seeming "wall".
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A term made popular by Carlos Matos who was the spokesperson for the Bitconnect Ponzi. He used it frequently during Bitconnect events to rile up the crowd.
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