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$227 Over Night Change in Account - BE ALERT , BE AWARE

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@gurseerat
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Today I login on Gurseerat's Hive-Engine account and sur[rice to see that the total Est Value shown - $227


I was surprised and check for reason caused the rapid change in account. It does not take much time as in first line only you can see the reason. The token name TIX (Traffic Insider) shows the value of 16,867.255 (holding in the account) as $215


I click on the token market to check if their is any trade on market. Here I don't get any surprise to see that their is no activity. Last trade history shows the single trade and amount was 0.01467 Hive for 0.1467 quanity.

Then I understand that real reason for spike in price. The single trade (very small quantity - even I will not call it quantity) with high value cause the percentage change and by default the Hive-Engine us the last trade price (as per my understanding) to calculate the the total value of account.


I must say beware and be alert when you see this type of spikes and do your cross check. I don't know much about the project (may be a good one). I got the TIX from airdrop.


This account belongs to my kid. She is just 2 year old and as she does not know writing so my wife (@mk992039) and me (@guurry123) are managing the account for now. We will handover the account to her when the time comes.

Thanks for stopping by my post.

Don't forget to upvote and rehive to support my kids account if you like the post.


Posted Using LeoFinance Beta