A Vanishing $212M Bitcoin Order Caused Chaos for Traders. Is Spoofing Back in Crypto?

coindesk.com/business/2025/04/29/a-vanishing-usd212m-bitcoin-order-caused-chaos-for-traders-is-spoofing-back-in-crypto

On April 14, someone put in a sell order for 2,500 bitcoin, worth roughly $212 million, on the Binance order book at $85,600, around 2-3% above the spot prices trading at the time.
Seeing such a large order, the bitcoin price started to gravitate to this level at around 17:00 UTC.…

This story appeared on coindesk.com, 2025-04-29 13:06:04.
The Entire Business World on a Single Page. Free to Use →