Please see the chart of binance in SPOT and futures.
On closely seeing it, in spot the left wick is lower and while the recent right wick is upper which shows that bitcoin is bullish.
Many traders including me know that btc is bullish, so we placed the stop loss in futures trading just below the left wick or on the left wick level.
But look what binance did in futures, they made the right wick lower than the left wick, only to hunt the stop losses of millions of traders.
They are scammers
Spot Trading Chart:
Future trading Chart
Quoting for the visibility of the Pictures.
Do you know that they are different markets? So not everyone trading in the futures and spot markets are the same. They might have other orders doing it, and the system might have failed to catch up the right way or something similar to that. Not a scam with that, lol.
Yeah, the top and bottom wicks can be different in spot and futures and also the value may differ little bit in different exchanges.
However i do have heard complains that exchanges manipulate the future market for their favor.