Bitfinex is down due to DDOS attack, this dump looks orchestrated to me...

in bitcoin •  3 years ago 

This is too much to be just a coincidence...

This all looks like a coordinated effort to push the price of bitcoin down.

Someone attacked Bitfinex at the same time the price plunged...

That would mean previous stop loss orders would be in place and easy to head hunt for an aggressive short seller.

This was done on purpose:

image.png

(Source: https://twitter.com/1MarkMoss/status/1435287948640100360)

So you take down the largest bitcoin exchange and then short the heck out of it.

Damage done.

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Thank You for sharing Your insights...

on Bittrex.

  ·  3 years ago (edited)

I'm not sure what happened today? But many of the big cryptos are down around 20%. Lots of negative energy in the world. (I'm sure things will bounce back - I think!)