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CryptoGlobe
2018-12-08 19:00:17

Coinbase Pro's ETH Flash Crash Reminds Us How Dangerous the Crypto Space Can Be

The price of Ethereum has suffered a flash crash, falling from $100 to $13 in a matter of seconds. The flash crash happened earlier today on Coinbase Pro (formerly known as the GDAX). The price returned to normal shortly after it fell, as arbitrage makers lifted the price back to $100. It appears that the anomaly only affected the ETH/USDC trading pair.