You can indeed cash out Bitcoin and the number is reasonably accurate... up to a certain amount. $100? Sure. $1000? Yeah. $10k? That's alright too. $100k and up

You can indeed cash out Bitcoin and the number is reasonably accurate... up to a certain amount. $100? Sure. $1000? Yeah. $10k? That's alright too. $100k and upwards is when your order might actually start having an effect on your exchange to shift the price upwards or downwards.