Bitcoin Flash-Crash --

11-05-2019 • https://www.zerohedge.com by Tyler Durden

Bitcoin Futures flash-crashed this morning - plunging $1000 in seconds on massive volume...

For Twitter analyst lowstrife meanwhile, the behavior was a "good example" of market manipulation.

"If you look at my original tweet, all the volume printed before the actual dump. But on the 1 minute chart it looks like it was part of the entire move. This is called painting the tape," the account wrote.

The crash filled the gap to $8500 from last week...

Source: Bloomberg

"I cannot believe how crazy trading BTCUSD on the short term is right now. The gap on the CME has filled already. It's thinly traded yes. But man, I'm highly suspicious of the price action across all the exchanges of late, more so than usual," one trader summarized.

But spot bitcoin was far less affected...