scarsbergholden
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile Personal Message (Offline)

Ignore
August 10, 2014, 11:35:08 AM

Ask wall after ask wall being placed, as if all the accumulation from 3600ish was being dumped 50 CNY higher....
Isn't that what day traders are supposed to do?

Sure, but I wouldn't expect day traders to be flipping thousands of coins over such a small spread, given the incredible lack of volume we have seen in recent weeks. Seems risky for such short term gains.