Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gachapin
on 11/11/2024, 19:22:54 UTC
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.

Bitstamps fees are ridiculous.. Although it's the longest running exchange I have my doubts that they get back on their feet.
However they were bought by Robinhood recently, so they must have some plan for it... one could be to let it die ...