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/biz/ - Business & Finance

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29645700 No.29645700 [Reply] [Original]

Fat fingers?

>> No.29645807

my guess is manipulation to trigger a bunch of stop losses which then gets snapped up at a fucking low price which in turn pushes it back to near where it was and nets the triggerer gorillions

>> No.29646633

>>29645700
what coin is that?

>> No.29646898

You can see that there are lots of liquidation at $74 whoever recorded this had a few secs to market buy ETH at that price, provided no "system overload" or something like that

>> No.29648165

>>29645700
monster sell order demolished a shallow order book. whoops

>> No.29648228

>>29646633
eth, it's an old video

>> No.29648234

Imagine being the dude who put a buy order in at $0.09

>> No.29648244

>>29646633
some shitcoin called 'efferium' or something

>> No.29648292

idiot whale market dumped millions worth of ETH, completely filling order book. Arbitrage bots then bring the price back in line with the other markets

>> No.29648296

imagine being one of the lucky rats that got filled at $0.15

>> No.29648355

>>29648292
Genuinely asking: why invest in something like this? Why not invest in stocks or precious metals or pretty much anything else?

>> No.29648435

>>29648355
Volatility is opportunity for a lot of traders. As long as crypto remains bullish, people stay.

Add the fact that you can option trade, there's no better way to make money quickly.

>> No.29649496

>>29648296
literal lottery win