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Very Expensive Mistake: WAVES Flash Crash By 99.9% To 10 Satoshi On Binance


WAVES Platform is currently the 29th largest cryptocurrency in terms of market capitalization. It is trading at around $2.65, which marks a very slight increase in the past three months.

More interestingly, however, the cryptocurrency went through the so-called flash crash. A sell order, probably ‘market’ with no limit price, for 506,000 WAVES was executed, dragging its price to as low as 0.0000001 BTC (or $0.00052), as seen on the chart below. The sell-off almost cleared the entire order-book of the WAVES/BTC trading pair on Binance exchange.

Read more at CryptoPotato

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