CM_Trades

ETH FLASH CRASH?!?!

  • Markets continue to bleed day after day and we witnessed something insane yesterday
  • ETH/USDC had a flash crash
  • As always with these crashes, algos most likely were the culprit as ETH prices saw a collapse to $13 before snapping back all the to $101.0
  • Whether bids got filled or not is up in the air and could very well have just been an exchange glitch.....if someone did get lucky enough to fill they walked away with a near 700% gain
  • If you do have some spare change, its never a bad idea to place SUPER low bids on various majors through various exchanges to catch a lottery ticket

Thanks guys!

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