Quote from: TryoTrix on April 25, 2020, 09:49:00 PM

Quote from: pixie85 on April 25, 2020, 09:39:18 PM

Candles with long wicks appear when theres a big trade in that time period but it closes at the level of the candle.

Someone did a large purchase but the majority of purchases on that day were much lower.

Such wick doesn't show on other exchanges because it's the candle closing that counts for the indexes so nobody cares if an exchange wicks above or below the average.

To be more specific. Immediately after the price drop seen in the candle before, futures up to $323 were bought in the timeframe of the next candle (here 1d).
A possibility here might have been that someone made a missclick with a big lever and ordered $323 instead of $32.3. As the market price remained much lower, the futures price fell back to the lower value.

This exactly is my thought on what happened. It could be that the trader mistakenly put out a figure he never intended to use, which is never applicable or in any way close to what happened on other platforms. Also, the volume might not be much, but with a very high price, compared to the general market price. This most times happens immediately and might be within a microsecond.