Quote:
Originally Posted by AllinPoker
so one guy forced this guy to liquidate this huge position using 0$ and it sent the price up like 5%?
whenever u put up 20m on the bid side close to the midpoint, there's risk, right?
Spoofy was able to do this spending $0. But also note that this could mean that you're also buying his asks on the other side, right...? put up 20m on the bid side, have your own asks (true intention) get filled as market moves up. So it kind of boils down to what you believe is going on.
Spoofy could be 1 guy. He could be a team of people. He could be the market maker too.
Dunno. the only thing i can say for sure is that he exists as a real person.