Cryptocurrency Q&A
What is a block in money?
What is a block in money?
EnchantedNebula
Tue Nov 26 2024
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5 answers
745
I'm trying to understand the concept of a block in the context of money. I've heard it mentioned in discussions about cryptocurrency and blockchain technology, but I'm not sure what it means specifically or how it relates to money.
5 answers
Andrea
Wed Nov 27 2024
A block signifies a significant trade executed instantaneously. It represents a substantial volume of transactions occurring at a single point in time.
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Chiara
Wed Nov 27 2024
To mitigate this impact, block trades are sometimes executed outside of the open markets. This approach allows for larger transactions to take place without disrupting the overall market dynamics.
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Pietro
Wed Nov 27 2024
Exchanges frequently establish a threshold to classify a trade as a block. This threshold is generally set at more than 10,000 shares of stock. When this volume is surpassed in a single trade, it qualifies as a block.
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Silvia
Wed Nov 27 2024
Alternatively, a trade can also be deemed a block based on its notional value. If the trade exceeds $200,000, it is considered a block trade, regardless of the number of shares involved.
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amelia_jackson_environmentalist
Wed Nov 27 2024
Block trades are not always conducted within the open markets. Due to their significant size, these trades can potentially have a substantial impact on the security's price.
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