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RE: SHOCKING: Ethereum Crashed to 10 Cents In A Second!!! And.. Who Gained From It?
Is there really a valid transacted volume in such a low price? I mean if someone gain which mean someone will lose and why would that guy sell at low price. Maybe he place the order in market. But if there is a transaction that low, wouldnt be the margin trading account will place their sell trade to cover the margin?
I hope someone wont lose everything during the flashcrash.
Apparently people lost and gained a lot in this quick crash. Just looking at the image above.. 521 ETH for $1.00, 3800 for $0.1..
For me the moral of the story is, don't have any automated orders. If you believe in the currency you are holding like Ethereum or Bitcoin, then there is no reason for such orders.