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RE: Bitcoin Price Manipulation on GDAX
Here is a support article from GDAX itself
It reads "The minimum trade size on GDAX is 0.01 BTC, LTC or ETH". Then how can someone place such low orders on the scale of 231 satoshis (0.00000231 BTC).
I mean someone has a sell order of 0.01, but other guy tries to buy 0.01000231, so after 0.01 is completed, that small amount is left...
I don't think that's what's happening here. I have observed their exchange when trading activity was extremely low and its only these orders that keep on executing without any real buy or sell orders being executed. You can observe the same in the screenshot itself that I posted. (Right click on Image and open in New Tab to see an expanded view)