Today's market crash is brought to you by Kraken's malfunctioning trade matching engine.
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Hi Kevin, I'm a fan of but don't you think it's irresponsible to make misleading, disparaging and libelous statements on the basis of your own speculation, without any direct information? I'm sure you can think of a plausible alternative. Hope you issue a correction.
What do you mean? I’m not disputing the accuracy of the chart.
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imo the move by large is result of just leverage collapsing on itself, kraken did not lead the move down, until the very end where it did not matter much anyways because during the wick down only a minimal amount of arb flow went into other places, kraken did not impact others
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Then explain why Binance which allows for much more leverage, did not have remotely the same lows as Kraken. Why are they disproportionate?
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Why does kraken exchange show a 24h low for ADA at .19 usd while binance is showing .83. How can it be SO different?
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Listing date
Then you should *immediately* account for *exactly* what happened with today, what you plan to do about it, and how you'll make it right with your customers. You guys have had *zero* communication with your clients about this today - leave it to the internet to guess.
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What do you mean what happened? Selling drives the price down. Buying drives the price up.
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When will you correct Kraken going down every time the market moves? You've had four years man 🤢
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Wooow calm down, you are the boss who really should stop defending but instead helping out. There was no other exchange with these insane non-market prices. Eth going down to USD 700 !!!!!!! Please repair, you can’t rewind.
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Every price is a market price.
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