Silver $XAG open interest on @bitfinex sky-rocketing
https://trading.bitfinex.com/t/XAGF0:USTF0 pic.twitter.com/e8JISuotZ2
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This happend just 1 second after funding was triggered, 00:00:01 UTC. Seems like the marketmaker pulled all bids and then just after, this sell order was executed (to trigger Stop orders?) Actually the number of contracts traded at this price was very low (less than 100)
Why not add a backstop that prevents such deviations (e.g. to 10%). Have seen this now with btc-perps and link-perps as well. Stops get triggered for no reason.
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