Today's market crash is brought to you by Kraken's malfunctioning trade matching engine.
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The official response is a joke Jesse. Until proven otherwise the data is speaking against Kraken and not . Hope you issue an actual explanation.
Cheers,
Sebastian (usually happily trading on Kraken)
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Sorry, would love to understand what the data says. The chart shows where trades happened. Nothing more as far as I can tell.
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The data says that
a) Kraken has the dumbest traders on the planet trading for a split second against the bull and then changing their mind again AND/OR
b) Kraken's trade engine was dealing with an extraordinary event worse than all other major exchanges
(b) deserves a statement
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I don’t have any reason to believe anything malfunctioned. Possible people don’t understand how prices move with depth of order book.
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