Did BitMex Maintenance Cause a Bitcoin Pump?

Avi Felman
Aug 23, 2018 · 5 min read
Oooo puppets…

The Evidence

The Motivation

Red = Price Below Current; Green = Price Above Current

The Effects

5m Candles. The high on BitMEX was $7,100.

Is this Manipulation?

Almost exact retracement a few hours later

Ledger Capital

An investment and advisory firm focusing on the cryptocurrency and blockchain space

Avi Felman

Written by

WashU ’17. Crypto enthusiast. Builder of three multi dollar companies @BearStudios, @VentureFocus, @LedgerCapital. Telegram @delta_neutral

Ledger Capital

An investment and advisory firm focusing on the cryptocurrency and blockchain space