The Binance.US Flash Crash: Set unrealistic limit orders and you might get lucky. WS
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The Binance.US Flash Crash: Set unrealistic limit orders and you might get lucky. WS

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/qd17c0/the_binanceus_flash_crash_set_unrealistic_limit/"> <img src="https://external-preview.redd.it/D4yu6P46SaSJ_UzmvXL9xULDyYmA94Zz5XE43sumL7E.jpg?width=640&amp;crop=smart&amp;auto=webp&amp;s=f52090b2792bdfa2abb1629ddc69210c31fab7e9" alt="The Binance.US Flash Crash: Set unrealistic limit orders and you might get lucky. WSBC user gets filled at $11k and nets $52k in seconds." title="The Binance.US Flash Crash: Set unrealistic limit orders and you might get lucky. WSBC user gets filled at $11k and nets $52k in seconds." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>If you haven't heard yet (okay you've definitely heard), during a flash crash on Binance US there was a wick down to ~$8,000.</p> <p><a href="https://preview.redd.it/72as68p79vu71.png?width=800&amp;format=png&amp;auto=webp&amp;s=0b3f2cc0737c66f2d5722291b65fa16347609bd6">https://preview.redd.it/72as68p79vu71.png?width=800&amp;format=png&amp;auto=webp&amp;s=0b3f2cc0737c66f2d5722291b65fa16347609bd6</a></p> <p>(<a href="https://finance.yahoo.com/news/bitcoin-price-flash-crash-binance-182648162.html">link to yahoo news article</a>)</p> <p>&#x200B;</p> <p>A WSBC user (<a href="https://www.reddit.com/u/Traditional-Ebb-8380/">u/Traditional-Ebb-8380</a>) had set a limit order for $11k a few months ago and low and behold, the order got filled. (<a href="https://np.reddit.com/r/WallStreetBetsCrypto/comments/qcxfn3/i_didnt_believe_it_myself_but_the_order_i_put_for/">link to post</a>)</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/11oboqge9vu71.png?width=1837&amp;format=png&amp;auto=webp&amp;s=80e32257a8db0d33e3d1ce1fc7d1766492ce274a">https://preview.redd.it/11oboqge9vu71.png?width=1837&amp;format=png&amp;auto=webp&amp;s=80e32257a8db0d33e3d1ce1fc7d1766492ce274a</a></p> <p>Believe it or not, <strong>the user netted $52k within a matter of seconds</strong>.</p> <p>That's an absolute wet dream.</p> <p>While the chances are incredibly slim, setting unrealistically low limit orders just might pay off.</p> <p>Congrats <a href="https://www.reddit.com/u/Traditional-Ebb-8380/">u/Traditional-Ebb-8380</a>! I'm pretty sure this makes you a crypto legend.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/veryeducatedinvestor"> /u/veryeducatedinvestor </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qd17c0/the_binanceus_flash_crash_set_unrealistic_limit/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qd17c0/the_binanceus_flash_crash_set_unrealistic_limit/">[comments]</a></span> </td></tr></table>Kind Regards R
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