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Ethereum Volume Spike Anomaly
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Topic: Ethereum Volume Spike Anomaly (Read 117 times)
Pine Forest
(OP)
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Ethereum Volume Spike Anomaly
August 01, 2018, 07:11:56 AM
#1
Recently,
@JUL 28 2018
, Ethereum charts showed a weird volume spike anomaly. Is it just a data glitch or is it some whale game or perhaps bot-driven manipulation? What do you guys think?
https://s22.postimg.cc/58u0loe7l/Capture.png
LankaJay
Newbie
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Re: Ethereum Volume Spike Anomaly
August 01, 2018, 09:45:55 AM
#2
Last daily candle of ETH was a strong down candle. I didn't expect that much drop. Because when I saw the charts before yesterday, I thought the market should go up now. I can't understand what has happened there.
maldini
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Re: Ethereum Volume Spike Anomaly
August 03, 2018, 11:53:38 AM
#3
I think it is a whale game that wants to support the price to go up but fail. although big players want prices to rise now but if all players do not support to rise then their efforts will fail
edulord
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Re: Ethereum Volume Spike Anomaly
August 03, 2018, 12:06:42 PM
#4
Quote from: Pine Forest on August 01, 2018, 07:11:56 AM
Recently,
@JUL 28 2018
, Ethereum charts showed a weird volume spike anomaly. Is it just a data glitch or is it some whale game or perhaps bot-driven manipulation? What do you guys think?
[/quote
I as much as we want the price of ethereum to rise, I think this volume spike is a whale game but they could not get to their targeted but I am sure the price will rise soon and we can make on our investment.
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jossiel
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Activity: 3024
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Re: Ethereum Volume Spike Anomaly
August 03, 2018, 01:01:17 PM
#5
I rechecked the chart and it's not that too accurate.
Quote from: Pine Forest on August 01, 2018, 07:11:56 AM
s it just a data glitch or is it some whale game or perhaps bot-driven manipulation? What do you guys think?
I think it is just a glitch, we haven't seen any price increase for Ethereum for a while. If ever there's a spike, it will be on the news.
BitcoinHodler
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HODLing is an art, not just a word...
Re: Ethereum Volume Spike Anomaly
August 03, 2018, 01:50:08 PM
#6
since this picture that you have posted is from coinmarketcap.com instead of being from an exchange then there is a good chance that it is either a bug in their system or simply one of the exchanges they are listing have been reporting huge fake volume.
but also at the same time when looking at the chart, there was a big dump happening which means a big volume changed hands. the price didn't go down that much because the whales have been putting up fake buy walls to prevent the crash but they eventually failed and price did crash.
Holding Bitcoin More Every Day
coyote50
Full Member
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Activity: 336
Merit: 100
Re: Ethereum Volume Spike Anomaly
August 03, 2018, 02:01:44 PM
#7
Seems to be a glitch, I'm not seeing a volume candle like that anywhere else
trumper
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Activity: 406
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Re: Ethereum Volume Spike Anomaly
August 03, 2018, 03:33:31 PM
#8
Quote from: maldini on August 03, 2018, 11:53:38 AM
I think it is a whale game that wants to support the price to go up but fail. although big players want prices to rise now but if all players do not support to rise then their efforts will fail
Not whale but it is whole game I don't think that was caused by certain factor like whale or bots. maybe just a news who knows I don't follow the news
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hemendrachauhan19
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Re: Ethereum Volume Spike Anomaly
August 03, 2018, 04:20:26 PM
#9
Quote from: Pine Forest on August 01, 2018, 07:11:56 AM
Recently,
@JUL 28 2018
, Ethereum charts showed a weird volume spike anomaly. Is it just a data glitch or is it some whale game or perhaps bot-driven manipulation? What do you guys think?
Coinmarketcap displayed wrong volumes for almost 70% of coins, this wasn't due to some bot manipulation or any whale bought and sold ETH. You can see that VeChain fall more than 90% in just couple of hours. They had an anomaly in there application and they'll acknowledge it after thorough investigation, wait for it.
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