Moreover, “whale” traders can use their large #capital to create or remove large walls of orders as a way to #manipulate the market to their advantage.
TipMeACoffeebeta
Whales can #manipulate buy and sell orders because they can deploy #excessive capital into the market.
BonqDAO #revealed to its followers in a Feb. 1 post that its Bonq protocol was exposed to an oracle attack that allowed the exploiter to #manipulate the price of the AllianceBlock (ALBT) token.
BonqDAO #revealed to its followers in a Feb. 1 post that its Bonq protocol was exposed to an oracle attack that allowed the exploiter to #manipulate the price of the AllianceBlock (ALBT) token.
BonqDAO #revealed to its followers in a Feb. 1 post that its Bonq protocol was exposed to an oracle attack that allowed the exploiter to #manipulate the price of the AllianceBlock (ALBT) token.
The #attacker exploited #BonqDAO's oracle and was able to #manipulate the price of #AllianceBlock tokens, liquidating a bunch of troves.
An oracle hack allowed the exploiter to #manipulate the price of the #AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield.