What caused the ETH flash crash on Kraken?

Quick Take

  • Kraken recently doled out “retention incentives” to users who were affected by a dramatic fall in the trading venue’s price of ETH on Feb 22.
  • So what exactly happened on Feb 22? 
Kraken recently doled out "retention incentives" to users who were affected by a drop in the price of ETH at the venue on February 22. Why?

Subscribe to The Block to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly


per year
Join Now


per month
Join Now


If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Related Reading