To date, the notorious candle continues to be one of the most enigmatic moments in recent cryptocurrency trading history as interest in historical market anomalies increases. In his post on the social media platform X, the expert has shed light on the truth behind this move in August 2023.
The Mathematical Theory Behind The Sudden Move If a mere $37,000 can lead to a catastrophic slippage on a thin book, the system would be totally frozen by an institutional cross-border transfer worth billions of dollars. However, this is possible if the liquidity required is not already deeply pooled and locked by the banks themselves.
