WAVES/BTC sees dramatic drop to reach 1 Satoshi on Binance exchange due to a massive sell order

2019-4-18 11:00

Waves, the 29th largest cryptocurrency, hit lows against BTC on April 17, and users speculated that this could have been due to a massive sell order.

Waves, at press time, was trading a $2.71 with a market cap of $270 million and had a trading volume of $15 million. However, on April 17, the price of Waves hit rock bottom due to a massive sell-off similar to one that Ethereum witnessed a few years back.

Source: TradingView

As seen in the above chart, the price of Waves against BTC hit exactly 0.0000001 BTC, which amounts to 1 Satoshi. The volume for the said candle is also massive, further confirming a sell order of massive amounts. The coin has since increased by approximately 3% against Bitcoin in under 24 hours.

Crypto enthusiasts on Twitter couldn’t hold back their opinions as one user, @BitBitCrypto tweeted

“- $WAVES did not trade at 1sat, it traded at 10sat
– It is still a great project and with a huge potential
– This sell order has nothing to do with WAVES (the project)
– This trade wasn’t done on Binance web cause you can’t place this low, it was API
– I didn’t buy it at 10 sat”

Another user @BITCVIX tweeted:

1min WAVES/BTC flash crash on Binance (from 5200 sats to 1 sat) pic.twitter.com/C9WAGyjwp9

— BTCVIX (@BTCVIX) April 17, 2019

TradingView commented on this matter saying:

“Something strange is always happening in the #crypto market”

The post WAVES/BTC sees dramatic drop to reach 1 Satoshi on Binance exchange due to a massive sell order appeared first on AMBCrypto.

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Waves (WAVES) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $3.1177
Капитализация $0 Rank 99999
Цена в час новости $ 2.2058 (-100%)

waves due order massive sell btc satoshi

Источник: ambcrypto.com

waves due → Результатов: 12


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2019-1-1 19:15


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