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Why would the price suddenly spike to 1000$ otherwise? What’s a sane reason for this occurring?
by yunohn 5y ago
Why would the price suddenly spike to 1000$ otherwise? What’s a sane reason for this occurring?
- anonymoushn 5y agoKraken is notorious for trades occurring at non-representative prices across a variety of assets. This happens any time someone places a large limit order and there's not enough liquidity at "reasonable prices" to fill it.
- Tenoke 5y agoYes, and it's pretty clear that happens in order to make a bigger killing with an opposite side margin trade. There's not that many rich people fat-fingering huge orders all the time..