ETHEREUM DROPED TO $0.10 from $317 "A MILLIONARE made in seconds"
So on june 21st at around 12.30 pm Pacific Time Ethereum dropped to an all time low $0.10 and one trader who had a automated buy order of 3809 Ether if it falls below $0.10 had the jackpot struck thanks to glitch on G-DAX Currency exchange the glitch lasted only seconds and only one trader seemed to benefit from it.
The official explanation is that a trader placed a multimillion Ether sell order which caused the exchange automated system to react and selling ETHER on an automated price triggers it caused traders to loose miilions
G- DAX is not issuing any refunds or reversing any trades which occured during this glitch.
G-DAX also issued statement of no wrongdoing by traders
G-DAX official statement (source blog.gdax.com)