>” Per our analysis
@BitMEXResearch
liquidated $993 billion long positions using their own bots & capital. 2:43 UTC time activity across all exchanges stopped and
@BitMEXResearch
database crashed. Today’s $btc manipulation was caused by one entity. #bitcoin Investigation underway.”
mobile.twitter.com
HOLY FUCK ITS HAPENING
Luke Morales
Christian Morales
he corrected it to million not billion
holy fuck can you imagine
Owen Roberts
It's 993 millions bro, not billions.
Still, that's some big money losses. Mumus on suicide watch.
Liam King
Is it too late to take my money out?
Jacob Murphy
Welp. If anything that further confirms 200k btc is a drop in the water
Aiden Rodriguez
Within the past 15 minutes, some poor sap got $40MM worth of shorts liquidated split up into 4 positions of $10MM each.
Caleb Diaz
Bitcoin BTFO by Bitmex
Tyler Jenkins
So you're saying a nigger faggot in mexico cant be trusted?
I for one am shocked.
Jacob Garcia
Scheming bobos will hang for what they have done.
Jace Torres
HOLY SHIT FUCKING READ THIS THREAD
mobile.twitter.com
Asher Harris
Guess i should update my graphic
Elijah Jones
>buy my bags the post
No thank you. Bitcoin is going to 0
Dylan Reyes
lol
Adrian Wood
I smell shitty fud to crash the price and make people panic sell more.
Cooper Ward
>it's going to zero
it should. it does nothing.
Nathan Davis
brainlet here, please explain this for me
Ian King
this.
Thomas Taylor
Another $10MM liquidated short just now.
Jayden Collins
I wonder how is it possible they dont get hits put on their heads by the huge whales they wreck
Kevin Cruz
how do you keep track of this stuff?
Matthew Foster
this
Justin Richardson
Where the fuck did you get that pic of my wife you little pillow fucking incel shit
Aiden Diaz
You can subscribe to event streams of all major exchanges, usually they are WebSocket connections.
Brayden Taylor
Lol
Aiden Green
She gave it to me when whe blew me. Sorry bruh
Brody Hill
bot went nuts. there’s no liquidity at 3k 4k etc because no traders placed orders that deep. the price moves down and it keeps liquidating all the way down.
even though the bitmex price is affected by spot price the bitmex bot can do this because they sell/buy on spot market.
he’s saying bitmex leads the market.
this is exactly a black swan level event in crypto the largest derivatives exchange probably did not intend for something like this to ever happen and they pulled the plug on the stupid bot.
Sebastian White
so basically bitcoin could be worth 100k or 0 right?
Kayden Perez
Its proven not to be a safe haven or asset, its going to 0 in these weeks
Samuel Richardson
Lol, another $10MM liquidated short at exactly midnight EST.
Lucas Lee
what do you think about my (((derivatives))) product goyim?
Josiah Peterson
>so basically bitcoin could be worth 100k or 0 right?
well, that's half right
Nicholas Sanchez
We will see in the next two months
Nolan Bennett
you see goyim with my derivatives product and my fiat printing press I can make the price of bitcoin anything I want while enslaving the worlds population thought inflation at the same time.
Ayden Moore
4.4MM Liquidation just now
Ian Wright
James Sanchez
Another 8MM and a 10 MM liquidation. Shit's happening
Ryder Perez
what is happening>?
Adam Rivera
Can you provide a sauce?
Oliver Murphy
For Binance, for example:
github.com
Major exchanges all have similar APIs like this.
Grayson Roberts
Another 10MM liquidation
Cooper King
Another one nigger wtf
Grayson Ramirez
>Degenerate gamblers are propping up the market trying to short
Lmao we might still make it guys.
Nolan Murphy
God I hate the way this faggot tweets. Put more than one point in a tweet rather than spacing it out over EIGHTEEN FUCKING TWEETS
Aaron Richardson
this is why margin shit should be illegal. its the federal reserve of crypto. btc would be 50k by now.
Nathaniel Cox
Thanks user
Samuel James
>long position is liquidated
>this is done by executing a sell order
>the sell order causes the spot price to go down
>long positions that were teetering on the threshold before get liquidated
>repeat
how fucking hard is this to figure out? There's no conspiracy at play. That's just how margin trading works. And because of its volatility bitcoin attracts nothing but margin traders.
David Anderson
Bitmex seems to be hosted on raw EC2 servers with no Cloudflare in between. If a whale gets mad enough they could keep the site down easily. Fucking amateur honestly.
Wyatt Price
Agreed.
Do kikes run BitMex? Why would they do this shit during the stock market crash? It makes me wonder if BTC is moving with the traditional markets at all.
Camden Moore
This is called momentum ignition
Michael Walker
Crashing again, liquidating not even close to being done.
Brayden Carter
This. And when you combine the ridiculous excess of margin traders with bitcoin with the anemic market depth it happens big time. It's literally just back and forth between short squeezes and long bombs.
Isaiah Gray
This is called stiffening
Lincoln Morgan
>Source: trust me bro
Luke Watson
I still don't get it. So bitmex is controlling price?
Easton Moore
Some degenerate gamblers are salty that they lost money & are trying to blame the exchange
Brandon Cooper
yes.
Kevin Bennett
No. Retards just don't understand the ins and outs of margin trading.
Jackson Martinez
How do you know the details of what had happened before doing the investigation?
Jaxon Taylor
This is literally a scam
Look at the trades going on at bitmex
All being driven vy them
Benjamin Cook
> Investigation
Call the Central Blockchain Authorities in Beijing and they will help catch these criminals!
Carter Johnson
This
Nolan Cook
Why not exit scam?
This is killing crypto
It's still going on look at aggr dot trade
Ian Lee
Good, degenerate gamblers deserve nothing less