He's been spamming shorts for hours and hours, millions of dollars. He did them all the way down, more at the bottom, and just keeps spamming shorts non-stop on the way up. Every hourly volume looks like this for probably the last 12 hours:
http://i.imgur.com/DmefJGa.pngEvery sane person on earth was taking out longs on the crash, but this guy was taking out shorts when the price is already rock bottom, just setting his money on fire on purpose. I find it ironic this is occurring on the same day Coindesk has an article where the US govt says Bitcoin is a threat to banking interests:
"A major financial oversight body within the US government created in the wake of the financial crisis has identified bitcoin and distributed ledger systems in general as a potential systemic risk".
"The Financial Stability Oversight Committee (FSOC) said in the new report released yesterday that the technology represented an innovation that appear poised for substantial near-term growth"http://www.coindesk.com/us-regulators-recommends-oversight-bitcoin-distributed-ledgers/If this guy is not the US govt spamming infinite amounts of fiat shorts on BitFinex, he's going to get short squeezed to hell and back sending the price to the moon in the process.Can you post any proof that there is actually a sole person doing it? A screen shot a link or something? I don't have a bitfenix acc.