Someone just fat fingered and the price wicked down to $8200 on Binance US lol. Luck
#1
Someone just fat fingered and the price wicked down to $8200 on Binance US lol. Luck

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/qcqr7o/someone_just_fat_fingered_and_the_price_wicked/"> <img src="https://b.thumbs.redditmedia.com/4r4bYOGaAuSXJl5qP8naunXiNe_Y538G7bA-RCVOXRY.jpg" alt="Someone just fat fingered and the price wicked down to $8200 on Binance US lol. Lucky bidders scooped up coin at 10k and up 1000% in 20 seconds." title="Someone just fat fingered and the price wicked down to $8200 on Binance US lol. Lucky bidders scooped up coin at 10k and up 1000% in 20 seconds." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>There was a big fat finger on Binance US and 575 coins seemed to have been dumped at much below the market price. Big oooff</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/yevvecpsrsu71.jpg?width=1500&amp;format=pjpg&amp;auto=webp&amp;s=27ad5a4625fda438a316b41537784fdf290ec3cd">Big fat finger</a></p> <p>A far finger occurs when someone sells but sets an incorrect price. In this case, it seems the whale had set a price much much below the asking price and this has resulted in a flash crash, and others who had open orders at low prices scooped up cheap coins, and were up over 1000% in a matter of seconds. </p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/d9frbfmassu71.png?width=787&amp;format=png&amp;auto=webp&amp;s=dcca79b2a0f1bea6361836f877f3f1286a5312d8">Low of 8200!</a></p> <p>The price was at 8k for 5 seconds, so anyone (or a bot) that was alert could also have scooped up cheap coins.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DetroitMotorShow"> /u/DetroitMotorShow </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qcqr7o/someone_just_fat_fingered_and_the_price_wicked/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qcqr7o/someone_just_fat_fingered_and_the_price_wicked/">[comments]</a></span> </td></tr></table>Kind Regards R
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