$TST Diving Storm

On August 7, TST suddenly crashed on Binance, plummeting from 0.0496 to 0.0154 within 15 minutes, a drop of over 68%, and closing down 38% for the day.

Futures open interest evaporated by 35% in one go, trading volume surged, and red K-lines hit the bottom, with long leveraged positions being instantly liquidated.

Although the price rebounded slightly, panic sentiment is still brewing, and the turbulence may be far from over.