warning on kraken poor liquidity / stop hunting

H

happyscalpie

warning on using kraken exchange

when these types of spikes happen, the manipulator driving the price down, must be sure that he will achieve the fills in the area he is driving the price towards

he must above all, have information that there are enough stop orders to trigger, or he may incur a loss, if other smart traders hop on at the low prices

only a market maker on kraken, or kraken's 'trading desk', will have access to kraken's order book

i reached out to kraken's support on this matter, and of course.. NO reply
 

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Wow, talk about a gift. I would love to have some spikes like that in BTC on my exchanges. I am always running buy orders way out of the money hoping for one. I need to open a Kraken Account and get some free money.
 
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