Well, someone just hit the lottery this evening and became a cryptomillionaire. For a few seconds, the price of Ethereum dropped to $0.10, and someone somewhere on the internet a triggered buy at 10 cents. That person purchased 3809.73 coins for 10 cents each, then a few seconds later the price just shot back up to $300+ each. Representing over $1.1 million in value.
So, someone may have been anticipating this flash crash, or they simply had a really old buy order in place, either way, good on them.
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omg!!!!!!!
That's just plain nuts, it was you huh 😂🙌🏼
You think I'd be posting on Steemit if it was me? I'm just trying to bask in the wake of someone else's good fortune.
You know, a typical Wednesday.
so lucky!
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Why the hell did it even dip that low to begin with??
Flash crash on one of the exchanges. Looks like there some decent background here - https://steemit.com/bitcoin/@anoether/reason-behind-today-s-flash-crash
Very sketchy all of it. Probably Coinbase bought them all while everyone was locked out so that they could keep the lights on while customers flee due to poor service