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A comment on Ethereum crashed from $319 to 10c on GDAX after ‘multimillion dollar’ trade. Parent comment

Re:Ethereum crashed from $319 to 10c on GDAX after ‘multimil... by DiNovi on Thursday June 22, 2017 @10:56AM (#14612657)
It was actually a cascade - the market sell brought it down to 224, but then there was a crush of margin calls and market stop loss orders, which triggered all the way down to 10 cents. Wish I was there to scoop some!
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Re:Ethereum crashed from $319 to 10c on GDAX after ‘multimil... by alimbada on Thursday June 22, 2017 @11:15AM (#14612797)
Yep, someone who bought ETH during the pre-sale cashed out (https://etherscan.io/address/0x7d551397f79a2988b064afd0efebe...) which then triggered the cascade.
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Re:Ethereum crashed from $319 to 10c on GDAX after ‘multimil... by samkxu on Thursday June 22, 2017 @04:09PM (#14614931)
Please stop spreading this misinformation. If you look at the transaction, the only thing that happened was using the safe split contract which essentially gives the owner equivalent ETC.
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Re:Ethereum crashed from $319 to 10c on GDAX after ‘multimil... by DiNovi on Thursday June 22, 2017 @11:18AM (#14612824)
I don't think it was confirmed this was the person, or was it?
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