ZEC sees insane sell off on Kraken exchange. Caught my eye and I had to post. Looks like someone actually bought at .22 cents. Must of been the literal God of arbitrage trading. Closed my short term position at $55 with near 100% gains. Still holding long term bags. I am waiting to reenter until market tells us which direction were heading.
On Kraken there is no signs of such price on their charts. No wicks with price at $48.5 per ZEC @ time of writing this. I Would love insight as to how this happened? Was it a calculated dump? I don't understand who would sell at such a loss? Is it market manipulation? Either way absolutely savage world of crypto. Hope your buckled in cause this shit is treacherous.
Any insights would be greatly appreciated!
On Kraken there is no signs of such price on their charts. No wicks with price at $48.5 per ZEC @ time of writing this. I Would love insight as to how this happened? Was it a calculated dump? I don't understand who would sell at such a loss? Is it market manipulation? Either way absolutely savage world of crypto. Hope your buckled in cause this shit is treacherous.
Any insights would be greatly appreciated!
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