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Bitmex Maintenance Drama Thread:
My intention in writing this thread is to elucidate the most salient points regarding recent PA and the #Bitmex drama. There has been a lot of noise in the past 24 hours, hopefully this will help to cut through it all.
My intention in writing this thread is to elucidate the most salient points regarding recent PA and the #Bitmex drama. There has been a lot of noise in the past 24 hours, hopefully this will help to cut through it all.
As far as I'm concerned there are 2 primary potential explanations for the pump.
The first of course being manipulation.
There were a number of suspect activities that occurred prior to the event (hidden buy walls maintaining/increasing price, $100m of USDT moved to exchanges).
The first of course being manipulation.
There were a number of suspect activities that occurred prior to the event (hidden buy walls maintaining/increasing price, $100m of USDT moved to exchanges).
Bitmex maintenance would also be the best time to manipulate as 40% of liquidity is/was absent. Though it cannot be proven, it would certainly make a lot of sense for this to have been manipulation as it would have been extraordinarily profitable.
Thank you for participating. $TRX up 108% followed by full retracement in seconds. #Bitmex 
That really happened. Those are trades. Traders got filled there, long and short.
Lo and behold, 108% in seconds? Peanuts!
$XRP up 400% followed by full retracement in seconds. #Bitmex
$XRP up 400% followed by full retracement in seconds. #Bitmex
1/ It seems every #trader has to do the same mistakes as their predecessors. There are #wisdowms you will only understand, if you have experienced them yourself. In this thread I will give you the #wisdom, which can make the difference between being broke and driving lambos #btc
