The attempt to Short-Squeeze a whale on another popular Bitcoin exchange with leverage led to a coordinated attempt to raise the price on all major exchanges outside the most liquid one of them all The Bitcoin Mercantile Exchange, BitMex.
DDOS attacks delayed the resuming of trading after maintenance.
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This is what happened once trading was brought back online...
My Trade Journal leading up to the pump -
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My Trade Journal after the pump -
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One of the most ridiculous moments I've witnessed while trading Bitcoin and despite this event I continue to trade on BitMex, it is the most liquid exchange in the world at the moment which is why the coordinated pump targeting a position on the second largest exchange BitFinex, happened during BitMex's maintenance down-time.
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