Nothing to see here, it’s just Binance doing some stop hunting
randskarmaon 4. June 2023 at 13:14
Binance.us
Zwiebel1on 4. June 2023 at 13:14
Its called a scam wick.
Shot-Bowler2399on 4. June 2023 at 13:14
Was it only on Binance?
Shrimp_Chimichangaon 4. June 2023 at 13:14
Soooo stop losses were triggered but not the limit orders filled? Is that the consensus here?
zaidason 4. June 2023 at 13:14
Nothing to see here..just Binance doing what binance does..
ChrispyNugzon 4. June 2023 at 13:14
You’ve been bamboozled
cardswapon 4. June 2023 at 13:14
Binance scam attempt lol.
cl3fton 4. June 2023 at 13:14
Cascading stop losses and long liquidations. Probably triggered by Binance insiders needing some cash.
Sure_Distribution609on 4. June 2023 at 13:14
Anyone bought ?
ShinyBronzeArseon 4. June 2023 at 13:14
Stop loss harvesting. Easy when most of the trade volume are wash trades
Any-Exam-4700on 4. June 2023 at 13:14
You must be new here
RUeffinSewiouson 4. June 2023 at 13:14
This happened back in October 2021 on Binance.US as well, except the wick was 10x larger ($67K all the way down to $8,200).
sahajpkon 4. June 2023 at 13:14
Binance delisting USD .
CancerousSarcasmon 4. June 2023 at 13:14
Someone dumped BTC at market rate. Rip.
Not that the BTC billionaires are on here but if you want to dump half of the BTC supply, make sure to perform a limit order or else you’ll eat up all of the market buy orders and will end up selling at much much less than the market rate.
Conversely, if you have some idle cash sitting in binance doing nothing (not even staking) set up a buy order for significantly less than trading price to hopefully catch such orders that consume all of the near market rate buy orders.
byanymeannecessaryon 4. June 2023 at 13:14
A glimpse into the next week happened:))
VCRdrifton 4. June 2023 at 13:14
Mark march 4th on your calendar. Coinbase doing maintenance. Im suspecting market moves.
Simple_Humor_7817on 4. June 2023 at 13:14
That goddamn binance again
youdontunderstaaandon 4. June 2023 at 13:14
It means Warren Buffet was right and you should take your money out of crypto.
Liberalcuntson 4. June 2023 at 13:14
Theft
Ready_Register1689on 4. June 2023 at 13:14
Binance is shit. That’s what happened.
lnfestedNexuson 4. June 2023 at 13:14
probably a glitch
kreativFTWon 4. June 2023 at 13:14
Could be just someone market selling into an illiquid order Book, shit happens all the Time.
This has nothing to do with a scam.. beside that there are always people/ bots spoofing
Somebody fat fingered again.
Nothing to see here, it’s just Binance doing some stop hunting
Binance.us
Its called a scam wick.
Was it only on Binance?
Soooo stop losses were triggered but not the limit orders filled? Is that the consensus here?
Nothing to see here..just Binance doing what binance does..
You’ve been bamboozled
Binance scam attempt lol.
Cascading stop losses and long liquidations. Probably triggered by Binance insiders needing some cash.
Anyone bought ?
Stop loss harvesting. Easy when most of the trade volume are wash trades
You must be new here
This happened back in October 2021 on Binance.US as well, except the wick was 10x larger ($67K all the way down to $8,200).
Binance delisting USD .
Someone dumped BTC at market rate. Rip.
Not that the BTC billionaires are on here but if you want to dump half of the BTC supply, make sure to perform a limit order or else you’ll eat up all of the market buy orders and will end up selling at much much less than the market rate.
Conversely, if you have some idle cash sitting in binance doing nothing (not even staking) set up a buy order for significantly less than trading price to hopefully catch such orders that consume all of the near market rate buy orders.
A glimpse into the next week happened:))
Mark march 4th on your calendar. Coinbase doing maintenance. Im suspecting market moves.
That goddamn binance again
It means Warren Buffet was right and you should take your money out of crypto.
Theft
Binance is shit. That’s what happened.
probably a glitch
Could be just someone market selling into an illiquid order Book, shit happens all the Time.
This has nothing to do with a scam.. beside that there are always people/ bots spoofing
Someone got paid.
Some big whales manipulated the market