Thought it was just a small trade that did it but turned out it wasn't. Over 850 BTC were sold during the flash crash on Bitmex yesterday.
Thought it was just a small trade that did it but turned out it wasn't. Over 850 BTC were sold during the flash crash on Bitmex yesterday.
Some lucky buyers of 8.9k BTC 😀
Yes. Very, very lucky. What are the odds, huh?
Takeaways-
Only they know :) The news said they are investigating but I wonder if they are going to share what happened exactly.
They will never share....for sure....it's just eyewash...that is why I always suspect CEX to be manipulator...
We shall see :-)
From source.
From what I saw on coinmarketcap it has been dropping for a few days now... unless I read the chart wrong. Now I have to go look again.
Yes, it's been dropping but not like what happened to Bitmex where the price went down to $8,900.
I read that it was a surprise drop in a 24 hour period. I must have misread because I double checked the timeline.
Yes, it must have been so sudden when it happened. Too bad for those who got liquidated in the process and whose BTC were sold at cheap prices.
Yesterday I heard it was 8500 BTC, but today as I could read it, it's 850 BTC.
It didn't occur to me to read about it yesterday when I saw the chart here on threads. But yeah, 850 BTC is quite a lot already.
Yes.