ETH/BTC PRICE SUPPRESSION
Traders, Insiders Please Help Me Understand.
Trading eth/btc pair and witness whenever btc corrects large sell walls of 10000 ETH are entered on the Gdax books. Even after these are dwindled down (by about 2/3rds) they are then removed and replaced again making another wall and suppressing proper price movement and discovery. Is this just to shake out the weaker hands. Is it a bot buying the other side?
It is price suppression for some reason and I would like to know how this works especially when I happen to be on the other side of the trade.
Thanks for your comments, resteems and upvotes.