Ethereum crashed from $319 to 10 cents in seconds on one exchange after ‘multimillion dollar’ trade by mavil005

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bitcoin · @mavil005 · Jun 22 '17

$2.04

Ethereum crashed from $319 to 10 cents in seconds on one exchange after ‘multimillion dollar’ trade

![104544786-GDAX_Ethereum_price_-_22_Jun_2017.530x298.jpg](https://steemitimages.com/DQmWaqxeef3ZsKMKPugMCAKHdFrd1rTwrpxfSQd7K5zQiGg/104544786-GDAX_Ethereum_price_-_22_Jun_2017.530x298.jpg)

Resolved
Trading and sign-in issues have been resolved. Access to new margin funding will remain disabled while we investigate root causes of today's ETH-USD price movements.
Posted about 3 hours ago. Jun 21, 2017 - 20:38 PDT
Update
Trading has now resumed on the ETH-USD order book. Access to new margin funding on ETH-USD will remain disabled until further notice.
Posted about 8 hours ago. Jun 21, 2017 - 16:05 PDT
Update
We anticipate ETH-USD trading to resume at approximately 4pm PDT
Posted about 8 hours ago. Jun 21, 2017 - 15:45 PDT
Update
ETH-USD is currently in post-only mode at this time.
Posted about 9 hours ago. Jun 21, 2017 - 15:08 PDT
Update
Sign-in issues have been resolved. Trading on ETH-USD and ETH withdrawals remain temporarily disabled.
Posted about 10 hours ago. Jun 21, 2017 - 13:24 PDT
Update
Trading is disabled for ETH-USD while we investigate this issue. We are also investigating reports of sign in issues on GDAX.com.
Posted about 11 hours ago. Jun 21, 2017 - 13:12 PDT
Investigating
We're currently investigating sign in issues on GDAX.com, as well as the cause of rapid price movement on the ETH-USD order book. We have disabled further margin funding for the time being.
Posted about 11 hours ago. Jun 21, 2017 - 12:53 PDT

https://status.gdax.com/incidents/pcrwtjpsp2qc

<h1> news cnbc </h1>
http://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html

👍 fyrstikken, majes, idnit, jdbry, digit, pokemonbabaji, mavil005, angels, mrfoot, christiantrail, hck, simplest, victorious, charm, idnit0

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@prakashghai · Jun 23 '17

Flash Crash !!!

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@therightduke · Jun 22 '17 (edited)

Who even makes such unreasonably low **[buy orders](https://steemit.com/bitcoin/@therightduke/buy-orders-for-super-noobs)**?! Must've been a few lucky day traders looking at the right chart at the right time &#128526;

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@mavil005 · Jun 22 '17

They have lucky once  ,who got 700% profit or more with that drop bag

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