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Bonus: The Crypto Story by Matt Levine - Part 6

Bloomberg Crypto

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What Are Resting Orders?

Resting orders come mainly from professional investors called market makers. Their job is to sell stock and collect the spread, difference between their bid or buying price and their offer or selling price. If you send a market order to buy, you buy immediately, but you pay a bit of money for that service. In modern stock and crypto markets, market makers are also largely computer programs.

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