$ETH between and $3,170. The order represents 86% of the visible bid-side liquidity on the Binance order book.
Key Details:
· Asset: ETH/USDT
· Order Type: Hidden (Iceberg)
· Size: $47 Million
· Price Range: $3,150 - $3,170
· Goal: To artificially create a strong support floor and trigger a wave of long positions.
This is a classic "liquidity grab" tactic. The wall is meant to be seen by algorithms. Once enough buyers pile in, the hidden order can be pulled, causing a rapid liquidation cascade.
Trade carefully. The real move often happens after the wall disappears.
$ETH #USNonFarmPayrollReport #
ETH
2,806
-4.38%