RE: BREAKING NEWS: Ether Flash Crashes To A Penny / Margins Wrecked On GDAX / Coinbase Investigating

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BREAKING NEWS: Ether Flash Crashes To A Penny / Margins Wrecked On GDAX / Coinbase Investigating

in breakingnews •  7 years ago 

@crypt0 I came to know this just just due to 1 Sell order form - https://etherscan.io/address/0x7d551397f79a2988b064afd0efebee802c7721bc
as some person sold 39300 ETH.
And the order was placed on GDAX, which supports Stop Loss orders.
I was just wondering if this was the reason this gentlemen (coughs) deiced to sell it all on GDAX. because the quite a number of stop loss orders would have also been executed thus ensuing a downward spiral !
Which in turn would bring a Buying opportunity for a few seconds, any thoughts ?

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