Dunno if it's just me but it looks like FTX may be wash trading or be doing some very dodgy things on their exchange.
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I've just seen overly large orders hit in and out at the same second. Sometimes these things happen (fat fingering etc) but It's happening on such a regular basis now that It's starting to look like wash trading to me.
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How would you know it's at a loss? Like each trade has 1 buyer and 1 sellers so there's also someone winning.
That type of patter is likely some person or bot that does short timescale trades, closes them down quickly, based on some signals. It's different from the other one.
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github.com/Tucsky/Signifi
It went nuts on 13 March
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What is going on today?
Some1 market sold 16M eth at FTX
thats 1/3 of the current BitMex ETH OI
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