When a token is "monitoring" on Binance, it typically means that the exchange is keeping a close eye on the token's activity, potentially due to:
1. Suspicious transactions or price movements
2. Security concerns or potential vulnerabilities
3. Compliance issues or regulatory scrutiny
Binance may monitor tokens for various reasons, including:
1. Preventing market manipulation
2. Ensuring security and protecting user funds
3. Complying with regulatory requirements
If a token is being monitored, it doesn't necessarily imply wrongdoing, but rather increased scrutiny.