Sell Wall
| A sell wall is a large limit order placed on a cryptocurrency's price that sells the currency when it reaches a certain value. Sell walls can be used to manipulate the price of a cryptocurrency by artificially creating a high demand for the currency. This can be done by creating a large sell order that is significantly higher than the current market price. This will cause the price of the currency to increase, as people will buy the currency in order to sell it at a higher price. Sell walls can also be used to protect a currency from being sold at a low price. This can be done by creating a large sell order that is significantly lower than the current market price. This will cause the price of the currency to decrease, as people will sell the currency in order to buy it at a lower price. Sell walls can be placed by anyone, but they are often placed by large investors or groups of investors. These investors may have a large amount of the currency that they are trying to sell, or they may be trying to manipulate the price for their own benefit. |
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