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Topic: Trading Manipulations - page 3. (Read 2158 times)

legendary
Activity: 1946
Merit: 1427
April 04, 2017, 09:28:23 AM
#2
So I was just watching the exchange section at polo and I was happened to be on the AMP exchange page, I noticed something quite incredible and would be interested in what you guys think about it.
So amp was being sold at about 0.00007756 and was at like 10%+(green) and then suddenly there came a sell order of about 60k+ amps with price only 0.00007150
Now why would someone actually sell at such a low price when the price for the moment is quite high?
It looked quite strange to me, what do you guys think?
If he was one of the early investors, or a dev of the coin, he might knows more then you and decided to dump all of his coins, and take his profits home. Due to the fact that if you sell them at  0.00007756, you won't be able to sell them all at once. That could be the reason.

However 60k wouldn't be much in that case.
hero member
Activity: 714
Merit: 500
April 04, 2017, 08:45:12 AM
#1
So I was just watching the exchange section at polo and I was happened to be on the AMP exchange page, I noticed something quite incredible and would be interested in what you guys think about it.
So amp was being sold at about 0.00007756 and was at like 10%+(green) and then suddenly there came a sell order of about 60k+ amps with price only 0.00007150
Now why would someone actually sell at such a low price when the price for the moment is quite high?
It looked quite strange to me, what do you guys think?
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