Last night, this kind of bloody violence is likely because MM has had another incident. I asked a few people from the involved token teams, and they all looked confused and didn't know what happened.

One of the bosses directly said there was a problem on the CEX side, and they are also looking into it.

Since the last time Binance's contract changed conditions multiple times, which caused one MM to explode and led to a collective flash crash of shanzhai, this kind of situation has probably occurred a few times since then.

@binancezh, can we get a serious investigation report this time instead of just glossing over it? Are you going to say it was the spot market that hit the contracts first? 😂😂 Otherwise, who would dare to play with shanzhai again?

This time, it’s not just old coins; it also includes new coins like $Soon that have a bit of hype, so there should be quite a few people affected.