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Benzinga
Benzinga
Business
Murtuza J Merchant

The Surprising Factor Behind Crypto Flash Crashes—And It's Not Trading Bots

Btc,Bitcoin,Cryptocurrency,Coin,Show,On,Pc,Computer,Circuit,Motherboard

Arkadiy Amiryan, Chief Operating Officer of Veles Finance, challenged the idea that user-friendly crypto trading bots are responsible for flash crashes or amplifying herd behavior in the digital asset market.

Instead, he pointed to social media hype and high-profile endorsements as the primary drivers of sudden price swings, emphasizing that bots alone do not destabilize the market.

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