98% of orders are canceled limit orders. The average duration an order is open ranges from 1.5 to 20 or 30 seconds, depending on the time frame you look at. The

98% of orders are canceled limit orders. The average duration an order is open ranges from 1.5 to 20 or 30 seconds, depending on the time frame you look at. The entire market is "spoofing." It's crypto not NYSE.