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20 sats \ 4 replies \ @birdeye21 31 Aug 2023 \ parent \ on: Daily discussion thread
i can acknowledge that this spike will likely just turn into a wick to remember Satsraiser day by. Let's hope the BTC pump isn't the same 🤣
It looks like BTC trading at 100k on Binance US with no liquidity.
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Lol. No one in their right mind would buy Bitcoin is 100k when its trading below 30k :)
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Binance US has no liquidity because they are winding down operations due to all the US legal issues. Not sure why it occurred but for a few seconds Bitcoin spiked to 100k on the US exchange a couple months ago. There was only a million dollars of volume left on the entire exchange. Not sure who paid that price and why maybe they had some USD left on there and just converted to BTC at any price to get it off the exchange before it got shut down and their funds were frozen.
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Sounds about right. I wouldn't want to have my funds frozen on an exchange if I can get it out even if I have to pay a premium on the price of Bitcoin. Price will eventually reach those levels. Its just a matter of when.
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