*Why the #Ethereum Flash Crash Isn’t Surprising, and What It Means for Crypto*

"Wednesday, the price of #Ether “flash-crashed” by over 99.9% in less than a second on #GDAX, one of the largest #cryptocurrency exchanges. This was due to a multi-million dollar sell order being placed on the exchange. Because the exchange did not have enough buy orders on its books to accommodate a sell this large,"

https://futurism.com/why-the-gdax-ether-flash-crash-isnt-surprising-and-what-it-means-for-crypto/