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Order Book question
in
Jauni treideri
Aug 06, 2021 at 18:17
Hi all,I am a bit confused about how to read an Order Book data from Kraken API call here:https://api.kraken.com/0/public/Depth?pair=EURJPYLet's say that it's EURJPYwhat currency is "volume"? For example EURJPY right now shows ASK price=129.668 and ASK volume=3644.315.I can deduce from current exchange rates that price of 129 is what 1 EUR buys you.But what is 3644.315? I guess it can't be JPY because that's just 30 EUR!!! who would try to sell that?Anu insights from experienced players? Is the volume in JPY? I just find it a bit weird for someone to try and sell 364...
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