IC Markets shows BTC flash crash (To 11,000)
IC Markets are a Forex and CFD broker and over the last hour they've quoted (And traded orders) at 11,300. I know these prices are not quoted elsewhere, but IC Markets very rarely give bad quotes. This may be nothing, but I thought I'd give you the heads up.
1 comment
A flash crash is always a bad omen. I don't know this exchange and the volumes it trades. This chart appears to be 1-minute action and this crash was just in a once minute candle. Maybe the liquidity in this one is very low and someone tried to sell at market without paying attention to the order book. Or it could be some spoof order that allowed it. For smaller crashes in stock markets investigations may last years.