Problems at exchanges also contributed to the uncertainty, resulting in Ether price falling.No one DESERVES to lose their ass due to flash market crash, you nut job.A large sale order on the GDAX exchange earlier this week caused the price of Ethereum to crash.
So someone placed a multi-million sell order on the exchange.US based digital asset exchange with trading FIX API and REST API.Global Digital Asset Exchange (GDAX) Vice President, Adam White, issued a follow-up statement regarding the multi-million dollar market sell order induced flash crash.
crash – bcoinThe crash was the result of a person placing a multimillion dollar sell order at the market price.
GDAX credits customer accounts effected by Ethereum flash
GDAX Announces It Will Absorb Investor Losses From Recent
A flash crash on the Coinbase-owned GDAX. a multimillion dollar market sell was placed on the GDAX ETH.The ensuing flood of sell orders temporarily drove down the price of ETH on GDAX to.
Coinbase’s Bailout of Ethereum Traders; Was it the Right Move?GDAX is taking the unusual measure of crediting back certain customers.
GDAX did not reverse any of the transactions that took place during the crash.Earlier this week, GDAX, the digital currency exchange run by Coinbase experienced a flash crash in its USD - Ethereum market.It just goes to show crypto market is still in its infancy stage, which is apparent by looking at 20x increase in daily trading volume since the start of 2017 without any fundamental change in market structures.
We will establish a process to credit customer accounts which experienced a margin call or stop loss order executed on the GDAX ETH-USD order book as a direct result.It is in place to prevent panic selling on the stock exchanges and excessive volatility.
Ethereum (ETH) price, charts, market cap, and other
Will There Be Another Ethereum Flash Crash? - FOREXEthereum, a popular new digital currency, trades on exchanges much like its older rival bitcoin.
GDAX Ethereum flash crash - 3800 ETH sold for 10 cents
Marseille, France (CNN)The French prosecutor leading an investigation into the crash of Germanwings Flight 9525 insisted Wednesday that he was not aware of.The badly designed ICO clogged up the network with a huge number of high gas fee transactions.While some people lost quite a lot of money, there were a few who managed to seize the opportunity and made a substantial amount.White said the GDAX decided to temporarily halt trading of ETH-USD in response to the price movement,.
Easy to deposit funds with Coinbase wallet, bank transfer, wire transfer, or digital currency.GDAX is a sign of goodwill rather than an admission that it did something wrong.A user name John DeMasie posted a screenshot of trade history around the time of the flash crash on StockTwits.
After GDAX experienced a significant Ethereum flash crash two.
Ethereum Flash Crash Causes Price to Plummet Nearly 100%
US Retail Sales And Industrial Output Suffer Declines Due To Harvey.
Ethereum's flash-crash victims are getting their money back
Margin trading always carries a lot of risk and as traders we should never forget that.