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If it was on a single exchange sure one might then the evidence holds a lot of weight. Across exchanges, it could simply be a whale trader or a market making ty
by thisisit 9y ago
If it was on a single exchange sure one might then the evidence holds a lot of weight. Across exchanges, it could simply be a whale trader or a market making type algo to move the prices along.
That said, I wish bitcoin related articles get to the point quickly and tell the story succinctly. This comes off a long 13-minute rant. I gave up in between to read the TL;DR version here and then scan through the article.
- raisedbyninjas 9y agoThis happens on all of the big exchanges. It seems to be able to generate small oscillations more than sustained price movements. Traders recognize the manipulation before it moves too far if it moves at all.