Did Someone Really Just Pay $82,000 for a Single Bitcoin?

Did Someone Really Just Pay $82,000 for a Single Bitcoin?

Gate Trade News Thursday, November 19, 2020 38 0

Something strange happened today in the world of Bitcoin trading. On Binance, Bitcoin price hit a high of "$82,000" during the early morning All signs point to some kind of error.

 

While some keen market observers wait for the price of Bitcoin to break it’s all-time high of nearly $20,000, a few traders on Binance—the world’s largest crypto exchange by volume—watched the coin go to the moon today. Even if only for a brief moment.

 

Bitcoin broke past $20,000 and hit a whopping $82,000… then quickly dropped back down again, as if nothing had happened. Intrigued? So were we...

 

According to the BTC/TUSD chart on Binance, an extremely long wick appeared at 1am ET on November 17. Bitcoin started its green candle at $16,626, lit a wick at exactly $82,000, and closed the 60-minute trip at $16,635.