Definition ∞ Large order size refers to a substantial volume of a particular digital asset being bought or sold in a single transaction or a series of closely related transactions. These orders can significantly impact market liquidity and price movements, especially in markets with lower trading volumes. They often signal significant institutional or whale activity.
Context ∞ News about large order sizes frequently appears in market analysis and reports on digital asset trading. Such transactions can cause sudden price shifts, affecting short-term market sentiment and potentially triggering cascading liquidations in leveraged positions. Monitoring these large movements provides insight into market depth and potential directional biases.