What is Buy Wall?

A buy wall occurs when a large limit order is placed at a specific price level to buy a large amount of an asset. When a buy wall is placed, the result is often a strongly maintained price equilibrium that doesn't drop below the targeted price. Buy walls, like sell walls, can be used to manipulate the price of markets. Buy walls can be implemented to prop up the price of an asset to make it appear healthier than it actually is, with the purpose often focused on manipulating the behavior of retail investors.