Sometimes when the bots are too slow they accidentally reveal the whole market is made of air. $11,000+ bid/ask spread on Coinbase

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by DontMicrowaveCats

This is one of several screens I took in the past several minutes of the Coinbase B/A spread jumping to $1000+. There is near 0 real liquidity in these markets…the only thing keeping it alive is arbitrage and wash trading bots.

 

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