Bitcoin Cash Price Briefly Dips by 40% on Binance

in #bitcoin6 years ago

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Bitcoin Cash Flash Crash on Binance
It is worth mentioning this behavior is not unique to this platform. A lot of coins have been sold across various platforms at prices below the current market average. One would almost assume there is some manipulation going on. Proving that is the case is something else entirely. People are free to trade currencies however they please. If they want to crash the price, there is very little one can do about it right now. It is evident things like these will happen to any currency if the order book on a particular platform looks rather shaky.

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I wish I had some low buy limits on. I’d gladly flip some cheap coins for profit.