Order flow
What is Iceberg Absorption and how do I identify a large institutional order absorbing all incoming market orders at a fixed level?
By Easy Money Scanner · Educational reference · Not investment advice
The short answer
Iceberg absorption describes a large hidden order repeatedly refreshing at one price, absorbing continuous incoming market orders without the price level breaking.
How it works
Traders infer absorption by watching repeated volume print at a static price with no price movement, suggesting a large participant is defending that level, though confirmation is imperfect.
An example
5000.00 absorbs 2,000 contracts without moving.
Risk & limitations
Inference only; no disclosure of actual order identity exists publicly.
Examples are hypothetical, not trade recommendations. US contract and regulatory references do not automatically apply in Canada. Rules, margin requirements and broker policies can change; confirm them with the relevant authority and your broker.