ya price action was pretty weird the last day, no idea what caused it.
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What is weird is that long positions on the perp can not be market closed...
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I tried to sell to an existing bid in the book and the order was getting posted as a ask at a higher price... Is that the band feature ??
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I also like FTX, but not being able to execute an order to existing bids/asks is clearly unfair.
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Sad to see what happened with DMG today.
We'll keep the DMG market open, might as well let people trade out if they want. Leverage will probably be reigned in quite a bit.
We don't know of any nefarious things that happened but will investigate given the unusual price pattern.
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