I think that was a chain of margin liquidation positions. Here is move was so fast. Notice there was nothing similar on Bittrex and Bithumb, because they don't allow margin trading
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I think that was a chain of margin liquidation positions. Here is move was so fast. Notice there was nothing similar on Bittrex and Bithumb, because they don't allow margin trading
The margin trading did probably exacerbate the flash crash. I still wonder if this has something to do with Tethers...