RE: Coinbase/GDAX ETH Flash Crash Update

[twitterbot]

GDAX tweeted @ 23 Jun 2017 - 23:04 UTC

blog.gdax.com/eth-usd-tradin…Update from @GDAX regarding ETH-USD trading:

Disclaimer: I am just a bot trying to be helpful.

Comments

[alchemy20]

39,300 Ether https://etherscan.io/tx/0xdfde8f3a24f92924ca9e046c15d9cc5e40e758df92ca12de56fac1c3469e071f

[bitcoinparadise]

Over $12 mil worth, eek.

[alchemy20]

This is a problem of 'some entity' gaming the system. No one looking for maximizing profit would sell in one huge block. Coinbase, a central bank?

[bitcoinparadise]

Good point. I guess we will have to wait for their investigation to be done...