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1. This only happened on GDAX, an exchange owned by Coinbase. This dip didn't occur anywhere else. Coinbase/GDAX has suspended all ETH/USD trading until further
by sushid 9y ago
1. This only happened on GDAX, an exchange owned by Coinbase. This dip didn't occur anywhere else. Coinbase/GDAX has suspended all ETH/USD trading until further notice and are investigating.
2. According to some on Reddit, it crashed to even lower than $13, some reporting even $0.10. Some were even able to purchase for a double digit USD price on Coinbase, not just GDAX.
3. The market sell order appears to have been for $32 MM.
- dsri 9y agoCoinbase prices are is based on GDAX market rates: https://support.coinbase.com/customer/portal/articles/2109597-buy-sell-bank-transfer-fees https://support.coinbase.com/customer/portal/articles/210959...