/biz/ - Business & Finance

A few hours ago, you could buy at 3350. Within minutes, someone was spending millions of dollars (if I'm reading the chart right) to buy at prices up to 3800. There is no sane reason to do that; even if you think it has bottomed, why not buy some at 3400 and let it settle then buy some more at 3450 or whatever. Buying when it is skyrocketing in a falling market makes zero sense.

Unless it's some sort of fraud it makes no sense at all.