A trader who placed a LINK order on Binance in January 2019, was extremely lucky when the asset crashed on Binance yesterday. The trader's order has been partially filled to allow the purchase of 900k tokens for $ 0,0001.
A great deal
The lucky trader bought 900k token LINK for only about $ 90. LINK was one of the top altcoins in 2020 and was trading at $ 4.68 earlier this month.
This is a lucky thing to be able to list, as the token has gained ATH thanks to the growing partnership with many DeFi projects wary of prophetic manipulation attacks. LINK had a brief glitch, causing its price to drop 99% in a few moments during the most volatile times.
Kooter users were wondering about the fortunate event of the lucky trader, "Why can buy orders be less than 5x the market price? Who can place this buy order at $ 0.0001 for LINK? "
Dear @cz_binance,
We are able to put buy orders only 5x below market price.Who is able to put this buy order at $ 0.0001 for LINK?
Yourself? @binance pic.twitter.com/F66mAEONh8
– Kooter (@fidelcashfloo) March 12, 2020
Binance explained that:
"The order has been around for a long time, it was placed before Binance was limited in price range. Just checking will see that the buy order has been placed since January 16, 2019 the first time the listing floor is LINK / USDT ".
A “Set and Forget” stink bid that is over a year old partially filled on $ LINK/ USDT today at $ 0.0001 due to a large, single order market sell. https://t.co/N7Tr3CmMKf
– Binance (@binance) March 12, 2020
However, users do not rely too much on this explanation. Bob believes the exchange is lying:
“The order didn't appear in the last weeks, if it had been shown in the depth chart and I didn't see it in the order-book either.”
LINK is a protocol that provides blockchain prophets to deliver real-world data into smart contracts for DeFi, DEX and other blockchain projects that rely on feeds for automation. and make smart contracts.
You can see the price LINK here.
Disclaimer: This is not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.
Annie
According to Bitcoinist
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