LATEST UPDATE ON SEEKING CLARIFICATION on $ALPACA INCIDENT
#BİNANCE
I am surprised to see this.
What have you done to this popular CEX.
You know the price manipulation was done yet you are thorwing jokes about demand/supply.
How does demand arise when last 24 hr data shows massive outflow? NO CLARIFICATION
CAPITALISING ON FUNDING FEE. The delisting announcement itself when started to push the price up, that should have raised eyebrows as it’s not a common trend, you monitor, fine, maybe halt trading? But NO, you start capitalisation on Funding fees, play favorable for market makers.
SUDDEN PRICE DUMP AND THEN PUMP. This happened within the last 12 hours. A 2000%+ pump? You mention demand. Where is the demand when none is buying and massive outflow happened. When 70% of the $ALPACA tokens were in Binance hot wallets, you know the wallets who did this movement.
It’s either the exchange who did this or someone whom Binance is safeguarding. It’s very clear.
Honestly if you can put a notification about a risky asset, you can also halt trading for that asset if required when investors are being hurt.
And you want to be neutral, create a fare trading ground? No, after CZ this is totally a ground for manipulators, no safeguarding for users, no quick steps/updates about current situations.
Guys keep seeking answers, the brand name has become so big, they have stopped caring about platform users.
@Richard Teng @CZ
