On April 14, someone put in a sell order for 2,500 bitcoin, worth roughly $212 million, on the Binance order book at $85,600, around 2-3% above the spot prices trading at the time. Seeing such a large order, the bitcoin price started to gravitate to this level at around 17:00 UTC. Suddenly, the order was gone, as seen using Coin Glass data, which caused a brief moment of market apathy as bulls and bears tussled to fill a void in liquidity.The bitcoin price at the time, however, was already on shaky ground due to geopolitical concerns
source: https://www.coindesk.com/business/2025/04/29/a-vanishing-usd212m-bitcoin-order-caused-chaos-for-traders-is-spoofing-back-in-crypto