ETH fluctuated by 5.75% within a minute, has anyone made thousands of times in just a few minutes?
1 hour ago, $ETH experienced continuous large fluctuations, it was rumored which market maker's grid strategy had issues
A few clever ones have already made a fortune from this wave
Generally speaking, most market makers in the crypto space use bots to monitor operations, mainly focusing on market orders and take profit/stop loss lines to ensure market liquidity.
Today's situation may not actually be an accident; a similar incident occurred last year at bg. And this unexpected event today, I believe, is likely man-made because several bloggers posted their orders right at the beginning of the fluctuations.
How can this be done artificially? It only requires knowing the monitoring indicators set by the market makers internally, then suddenly placing large orders above and below the market maker's orders with substantial funds, causing the market maker's strategy to change the order placement after receiving the signal. However, such situations are quite rare because the conditions to trigger a change are very stringent.
So it is highly likely that insiders are manipulating or colluding, unfortunately, there is no securities regulatory commission in the crypto space, and it's all about luck.
#ETH #做市商暴雷 #Crypto market rebounds
1 hour ago, $ETH experienced continuous large fluctuations, it was rumored which market maker's grid strategy had issues
A few clever ones have already made a fortune from this wave
Generally speaking, most market makers in the crypto space use bots to monitor operations, mainly focusing on market orders and take profit/stop loss lines to ensure market liquidity.
Today's situation may not actually be an accident; a similar incident occurred last year at bg. And this unexpected event today, I believe, is likely man-made because several bloggers posted their orders right at the beginning of the fluctuations.
How can this be done artificially? It only requires knowing the monitoring indicators set by the market makers internally, then suddenly placing large orders above and below the market maker's orders with substantial funds, causing the market maker's strategy to change the order placement after receiving the signal. However, such situations are quite rare because the conditions to trigger a change are very stringent.
So it is highly likely that insiders are manipulating or colluding, unfortunately, there is no securities regulatory commission in the crypto space, and it's all about luck.
#ETH #做市商暴雷 #Crypto market rebounds