Birdwatch Note Rating
2024-03-19 20:13:58 UTC - HELPFUL
Rated by Participant: 896103FF6115324515F7F6B174059C29DC0465589FE3AB58F0A498942EFBABEE
Participant Details
Original Note:
Only in Bitmex, which deals in futures, spot trading, Price did flash crash due to an attack on the specific order book in that specific broker, but it is NOT the Bitcoin price that was affected, but the perpetual futures price. All others remained the same. https://www.coindesk.com/markets/2024/03/19/bitcoin-flash-crashed-to-89k-on-bitmex/?_gl=1*njo8ct*_up*MQ..*_ga*MjAxMDA0MTU3Mi4xNzEwODQ4NzMx*_ga_VM3STRYVN8*MTcxMDg0ODczMS4xLjAuMTcxMDg0ODczMS4wLjAuMA..
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