Bitcoin Price 99% Flash Crash May Have Been Work of Clever Crypto Hacker

Last week, while most crypto traders witnessed a sideways market with Bitcoin price consolidating in the mid-$8,000s, on the CAD/BTC pair on the cryptocurrency exchange Kraken, there was a flash crash, wiping out 99% of its value in seconds before rocketing back into its trading range.
While a combination of low liquidity, thin order books, and large “fat-finger” market orders are often the cause of these flash crashes, according to the crypto community there is more at play in this