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theblockcrypto.com/daily/96967/kr probably cascading liquidations + not enough liquidity

Why was there a 'flash crash' of the price of ETH on Kraken last month?

Kraken recently doled out "retention incentives" to users who were affected by a drop in the price of ETH at the venue on February 22. Why?

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How much liquidity is enough liquidity?

10:41 PM · Mar 3, 2021Twitter Web App

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Whenever my liquidity has its own liquidity who is also married to liquidity.

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Is there somewhere that we can get the data to see exactly how much liquidity is available and when? Maybe then we could better answer that question.

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Soran

@SoranIsOn

Mar 3, 2021

Like did he expect a non-shitty answer? Uh clearly the answer is 7, why wouldn't SBF just say that.

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Enough to not have this happen on multiple coins at the same time. Why are you still debating this incident with these half baked philosophical statements?

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I don't think it's just liquidity, it's mainly responsiveness under high load. In this instance, it was almost impossible to get an order in and therefore any price dislocation could not be arbed away fast enough.