Last night when I went to bed I checked the price of Steem and it was sitting at about $0.89 and the 24 hour volume was around $1,000,000. When I woke up this morning it had shot up to $1.18 which is an increase of over 30% and the 24 hour volume was at over $10,000,000!
Of course as a Steem stacker this is great and I am very bullish on the future of Steem but I'd still like to have a better understanding of what causes huge spikes like this.
As a young currency with relatively low volume Steem can still be pushed up or down by either a large buy or sell order.
Question: Where on The Block Chain Can I See if There Was a Large Buy Order Recently?
I's like to be able to understand the market better and I hope that one of you can point me in the right direction for access to this type of information. In the meantime enjoy the increased value of your investment of time and energy in this amazing platform!
Until next time,
