Coinbase Ethereum Flash Crash
Coinbase Ethereum Flash Crash. According to sources , the ethereum flash crash was caused by one monstrous trade. While many initially thought the flash crash was the result of nefarious work, gdax eventually confirmed that there was no indication of wrongdoing or account takeover.
Last year, ethereum also experienced a flash crash on coinbase pro. The order book was a if you had enough funds to make it snowball, this is a very real possibility. What caused the flash crash?
There needs to be some sort of procedure, some sort of process, to prevent such flash crashes, but, since the june 21st flash crash will now cost gdax plenty, they are most probably aware of the.
Crypto exchange coinbase has struggled to keep up with ethereum's flash crash. Their actions quickly piqued regulatory interest and scrutiny. According to sources, the ethereum flash crash was caused by one monstrous trade. In this video, i talk about the recent ethereum flash crash on coinbase/gdax and what it means for cryptocurrencies.