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IPFS News Link • Pensions

World's Largest Pension Fund To Diversify Into Bitcoin As BitMEX Sees Price Flash-Crash...

• Zero Hedge

Crypto exchange BitMEX is currently investigating "unusual activity" involving large sell orders on its BTC-USDT spot market overnight that sparked a flash-crash dragging the price of BTC (in USDT) down below $9,000 (while the price remained above $66,000 on other exchanges)...

Doesn't seem like a very smart move for the 'rogue seller' to dump over 400 BTC at that time of day into an illiquid market - why not wait until the US BTC ETF market is running its magic and sell into that liqudity?


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