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NAKED
Highly volatile days like today are when you can SEE appearance of naked shorting in real time. Bittrex is almost all buy-and-holders of #BSV. Other exchanges don't really have any natural buyers/sellers, all large entities pushing things around.
Notice the 6% premium?
Highly volatile days like today are when you can SEE appearance of naked shorting in real time. Bittrex is almost all buy-and-holders of #BSV. Other exchanges don't really have any natural buyers/sellers, all large entities pushing things around.
Notice the 6% premium?
Last year I witnessed that difference at > 40% when crypto was getting punished. All buyers on Bittrex, no sellers even at 40% premium to OKex & others.
Notice the denominator to the pair? It's Tether.
Notice demon to buyers on Bittrex? It's USD.
Compare the volumes now.
Notice the denominator to the pair? It's Tether.
Notice demon to buyers on Bittrex? It's USD.
Compare the volumes now.
