big volume around 9k on finex. this will be interesting whether it can hold or not
They already showed their cards and made it too obvious the exchange is a complete scam by fabricating all this enormous buy support around the $9k area when other exchanges are $300 lower. There was absolutely no reason for anyone to waste like $50+ million defending that level when other exchanges had long busted through it. This means they're just printing Gox dollars out of thin air to try and defend price all the way down.
That could be read as a run on Tethers -on finex because there it pays best in btc. And that real cash exchanges are getting dumped on harder is obvious: who would like to wait for a bank wire from finex?
But no worries: if no bottom will hold we can always have a drink.
