Binance to Extend Monitoring Tag to GPS on 2025-03-07
Binance will add the Monitoring Tag to GoPlus Security (GPS) due to significant price drops after listing and market-making activities by a key participant. Key findings:
~70M GPS tokens were sold by a market maker between 2025-03-04 and 2025-03-05.
No buy orders were placed during this period.
Continuous selling occurred immediately after spot trading opened.
The market maker gained ~5M USDT and has been temporarily suspended for investigation.
Tokens with the Monitoring Tag carry higher volatility and risks. Binance regularly reviews such tokens, which may face delisting if they no longer meet listing criteria. Users must complete a quiz every 90 days to trade these tokens.
Binance will continue periodic reviews based on factors like project commitment, development activity, liquidity, security, and ethical conduct. Other services for GPS remain unaffected.
For the most accurate details, refer to the original English announcement.
Binance Team
2025-03-07