Most exchanges started as garage-based operations and most were built quickly or shodily. It wouldn’t be surprising if most of them have enormous piles of techn

Most exchanges started as garage-based operations and most were built quickly or shodily. It wouldn’t be surprising if most of them have enormous piles of technical debt, especially as the number of alt coins exploded. Making a robust exchange is hard and requires an amazon level of development. Huge movements in price correlate with massive increases in volume. The simplest explanation remains firmly in the realm of poor platform, in my mind, rather than nefarious and illegal manipulation. Just look at Robinhood. They offer a sleek looking product, but their crypto offering falls down under load (positive and negative) regularly.