## **This is how some exchanges prop up the prices : iceberg order**
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**Iceberg order description:**
> Split a large Buy/Sell order into several small orders at order prices adjusted based on real-time price fluctuations to reduce the impact on the market price.

At least that what they say it is

![image.png](https://ipfs.busy.org/ipfs/QmZPp5PkErUmMSxJke3StftGhsaiydQxCtdMkFUAStMPbq)

In reality as we can see from the picture above taken of the Huobi exchange token or (HT) the orders are similar in quantity but the prices moves steadily up and creates the graph we see above, a steadily upward move that stops at greater resistance or in other words at dump orders being placed as you see in the shot below when the "trend" is being reversed meaning similar price order but much higher quantities ...

![image.png](https://ipfs.busy.org/ipfs/QmR87G1R62WTXrbC6K8y3NcjY8j3xnzpnodekkjEr9ZzGq)


**This is happening on Bibox, Huobi, Kucoin and I won't opt out Binance too...**

They do it for their native tokens but also for other crypto projects as well 

So what do you think? 

Personally I believe they do it for money ofcourse but also because they want to support their tokens, especially their own native ones, to be successful and attract attention, that if they are the ones buying back and making those iceberg orders but then again it seems like they are also taking profits on their clients once the price is propped up to 50%, 100% as the sell orders intensifies...

Also looking at the charts it seems that it is holding pretty much good but that maybe is because most of the users tokens are locked away producing dividends ...

Which lead me to my experience with Bibox exchange where I unlocked my Bix tokens and waited 24 hours to receive them as per rules but didn't get them back and only after I wrote to them that they released them to me
By then almost 48 hours passed and the hype was already fading away 
Shady? Maybe
I know I won't lock them all away again, I will leave a part for trading when these iceberg orders start showing up again ... "Brrrrr...."

https://exante.eu/media/posts/1_06Artboard-4.jpg.800x600_q95.jpg