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Home Business Kraken users demand refunds over flash-crash liquidations By Cointelegraph

Kraken users demand refunds over flash-crash liquidations By Cointelegraph

Kraken users demand refunds over flash-crash liquidations

Kraken users are demanding compensation after violent flash crashes localized to the trade resulted in leveraged trades being liquidated amid the sharp retracements recorded throughout the crypto markets on Feb. 22.

Feb. 22 noticed the single largest each day candle within the historical past of each and by linear worth, with BTC dropping round $9,500 from $57,500, whereas ETH plummeted by $400 from $1,940 throughout the span of 24 hours on Coinbase.