Ok, ima be totally real with all of you, I dont know SHIT about cryptocurrency or none of that, the only reason im even checking the stock market is cus since it's ASTRONOMICALLY fucked rn, I figured I'd invest a little into S&P cus "why not"
I was checking it today and I was curious about Etherium and I noticed this MASSIVE spike and it just dips right back down all in like 20-30 minutes. Wtf happened? What caused this? Is there some kinda "pump and dump" happening?
This was taken just a few minutes ago...
And I took this one just now...
Check the y axis. Each horizontal tick mark on the graph represents $2.50, which is 0.13% of the price of one (share of?) etherum in your second graph, and instead of the y axis starting at $0, it start at about $1865.00. You're super zoomed in, making what are actually very small price changes look very large
Without looking at details i suspected this to be the case.