Someone has just fat fingered a 30BTC sell making a flash dump from 79 to 75K EUR on Bitstamp (EUR). It immediately recovered.
Weird it dropped 4k with a sell of only 30 Bitcoin. I saw somebody post on another platform earlier today that Bitstamp has low volume these days with barely any liquidity.
I am using Kraken and Coinbase these days. I understand we use Stamp for price reference in the WO but maybe its best days are behind it.
Any way, sitting at $84,953. I really need to firm up my sell plan ahead of the 2025 mania phase.
Well, the EUR order book is way thinner than the USD one... but still, yes, bitstamp doesn't have huge volume in comparison to the exchanges that do use leverage. The main reason we do use Bitstamp as a price reference is mainly because of them NOT using leverage.