Spreads completely blew out on $XRP and many other coins
Guess when this happens? When market makers pull their liquidity and step away
Looks like they are starting to stabilize now

This was 100% a coordinated event
Many entities just got filled at insane levels on altcoins
You think 5PM on Friday everyone just sells all at once?
Yeah right. The hands behind this are dirty.
39.29K
264
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.