so let me get this straight, 700k went long on that spike to 269.5 on finex, and at about the same time 450k went short. I guess one could well have been in response to another. It looks like the long was a margin buy, did anyone see it?
There was a 5k wall placed at 250, minutes later it broke up into staggered walls, seconds later it looked like all 5k plowed into the asks.
you are not telling it right.
someone borrowed another 1.3 mil, flashed it with a massive buy wall on 250, a lot of lemmings and whale kamikaze bought a lot of short positions.
that's it.
so it wasn't the spike to 269.5? or if it was, maybe a mis-click?
the spike were the noobs buying and going all in on leverage.
Noobs dont buy 7k coins. Stopped the selloff eh? One more of them and we would have instaspiked to 300.
