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Is there a way to differentiate between a buy and sell block trade in the cryptocurrency market?

avatarFeyde Mefta SeideDec 25, 2021 · 3 years ago1 answers

In the cryptocurrency market, is there a method or technique that can be used to distinguish between a buy and sell block trade? How can one determine whether a block trade is a purchase or a sale?

Is there a way to differentiate between a buy and sell block trade in the cryptocurrency market?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we have developed a proprietary algorithm that can differentiate between a buy and sell block trade in the cryptocurrency market. Our algorithm takes into account various factors such as volume, price, market sentiment, and historical data to determine the intention behind the trade. This algorithm has been tested and proven to be highly accurate in distinguishing between the two types of trades. It provides traders with valuable insights and helps them make informed decisions. If you're looking for a reliable way to differentiate between buy and sell block trades, our algorithm can be a valuable tool to consider.