I've seen many discussions about the trend of $ONT, which actually reflects one of the most classic phenomena in the crypto world—big orders ≠ genuine intent. Often, the large orders you see just showcase the trader's acting skills.

There's a hard rule in the crypto space to remember: those who truly want to buy won't just place limit orders and wait; they prefer to execute directly for better execution. Placing large orders and leaving them there without action usually serves another purpose.

To judge whether a big order is genuine or a trap to lure more traders, you don't need to guess. Just look at these three details.

First, check the order placement. If a big order is stacked at the buy1 or buy2 levels, it's highly likely to be a fake order meant to attract more buyers. Conversely, if a large order is placed far beyond buy3, it's probably intended to support the price, but honestly, this often indicates a weak momentum.

Second, observe the transaction activity. Genuine whales or big players will quickly eat through sell orders in the market, gradually pushing the price higher. But if the price approaches those big orders and they are immediately canceled, it's almost certainly a dump trap—be alert.

Third, look at the price range. Continuous large transactions at low levels are a bottom signal—there's potential ahead. If you see the order book filling up with fake orders at high levels, experience tells us it's time to consider exiting.

There are also two common pitfalls unique to the crypto space to avoid. Spot trading with large orders is more reliable than futures, since spot involves real money, while large futures orders might just be hedging positions. Additionally, exchange bots often use huge orders to deceive retail traders—placing and then canceling orders repeatedly. If you encounter this, just block them and don't bother.