noun | ahys·burg awr·der
When a whale tries to keep their big-ass crypto trades on the down-low, so they don't scare off all the little fish in the market. It's like trying to sneak a whole pizza into a movie theater – you gotta break it down into smaller pieces, so no one notices how much you're really packing.
Example
"I heard some whale placed an iceberg order on Bitcoin last night. No wonder the price barely moved, even with all that volume."
"Man, I wish I had enough cash to place an iceberg order. Must be nice to have that kind of stealth wealth."
It's like when you're trying to buy a whole bunch of crypto without letting everyone know you're a baller. You break it down into smaller orders, so it's like, "Oh, I'm just a regular guy, buying a little bit here and there." But in reality, you're sitting on a mountain of digital cash, just waiting to make your move. It's the crypto version of "fake it 'til you make it."
Example
"I bet Elon Musk places iceberg orders all the time. That's why he's always tweeting about Dogecoin – to throw us off the scent of his real investments."
"I tried placing an iceberg order once, but I got too excited and ended up buying all the crypto at once. So much for being a stealth investor."
