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Bitcoin price spiked over 12% for a few seconds in Kraken according to TradingView graph, price went up to over 29k hours ago (in spot trading)

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Bitcoin price spiked over 12% for a few seconds in Kraken according to TradingView graph, price went up to over 29k hours ago (in spot trading)

Hi,

I would like to believe this was a glitch in TradingView, but it is not something made up, if you check TradingView and select the BTCUSDT pair at Kraken you can clearly see the spike.

Someone did a mistake a paid a lot more when purchasing a lot of Bitcoin?

Exchange glitch?

It cannot be stop loss hunt because it wasn't in futures, it was in spot trading.

https://preview.redd.it/pidhemafbajb1.png?1406&format=png&auto=webp&s=779e5c2b404f047edf3d57007ab63f38e92293f1

Price went up at around 5am (GMT -4, Venezuelan time) at it lasted at least minute, if someone had a sell order at a ridiculous price like 29k, was it executed? We are talking over 10% in spot, something not common in BTC and less common in that low time frame.

Any idea about it? I know this kind of things usually happens

submitted by /u/WorkingLime
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