Binance will not delist $MOVE because there is still a repurchase amount of 28 million that has not been executed. If Binance delists, how will it execute? This is something Binance requires the project party to execute; it is impossible not to provide them with a channel to execute and they will not be allowed to withdraw.
Are you not going to buy back $MOVE ? Holding onto the 28 million buyback funds without execution, is Binance not getting involved? This amount of money was sent by you, Binance, and they are not buying back. Are you going to get involved?
$MOVE I suggest being cautious. The project party still has 28 million USD in repurchase funds that have not been executed. You could say they won't repurchase, and it will always be stuck there, but they cannot withdraw it because the money is in the Binance exchange. If they really could withdraw it, Binance would be responsible for that fund, as the money was also given to the project party by Binance. If they are allowed to withdraw and run away, Binance would bear significant responsibility. I also suggest Binance intervene in this repurchase plan to avoid the project party defaulting and holding on to this fund without repurchasing. They must assist in following up on the repurchase progress or take alternative measures to repurchase directly themselves.
$MOVE This coin is no longer performing, it has been continuously crashing. How many days has the negative funding rate been? With this amount of spot volume crashing, who else besides the project party would dare to open such a large short position? Everyone should go their separate ways. At the very least, can we use the 38 million USD that Binance initially refunded for a complete buyback? Just once, can we do it?
Say it again, this time Binance definitely has responsibility but simply doesn't want to compensate, just saying it was the users' fault. Everyone should compare the announcement adjusting leverage trading pairs; all of them crashed precisely at 18:30, with a massive drop and liquidation. The subsequent actions were all panic liquidations. Binance only mentioned the panic part afterward, not a word about the 18:30 liquidation. Then everyone should look at the announcement; it only gave market makers three hours to handle the orders. What can be processed in three hours? It was sent at 15:32 and the rules changed at 18:30, it's just meant to make you fail.
首席操盘手
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ACT$ACT I find that things are gradually becoming ridiculous 🫢 According to the logic, the main influencer has already started to formally respond to the ACT incident, and the ACT community has also promised to address the technical issues and is communicating with various parties. When I looked at the market, the buying transaction volume of ACT was unprecedentedly high, almost buying as much as was being sold to stabilize the price. The overall trading volume can be said to have skyrocketed, but the total market value of ACT is only 90 million dollars. Based on this trading volume, no matter how much is sold, it can be bought back at the original price, and the turnover rate has exceeded 300%, which is still a fully circulated turnover rate. It means that for every amount sold above, there are people below accepting it at the original price, and this has happened three times. Even so, the price is still coolly dropping 🫢 How is this similar to the situation with Luna back in the day 🫢 It feels a bit strange. Everyone, don't blindly follow the trend. I made 50,000 USDT from contracts today and only took out 20,000 USDT to buy. For me, 20,000 USDT is just for fun. I don't mind if it goes to zero, so everyone don't follow blindly, I'm just trying it out for everyone to see 👌 $ACT
This time Binance is definitely responsible but just doesn't want to compensate, just saying it's the users who crashed it. Everyone should compare the announcements regarding leverage adjustments for the trading pairs. All of them had a sharp drop and liquidation at 18:30. After that, it was all panic liquidations. Binance only talks about the panic part afterward and doesn't mention the 18:30 liquidation at all. Then, looking at the announcement, they only gave three hours to handle the orders. What can be handled in three hours? Issued at 15:32, rule change at 18:30, it's strange if there isn't an explosion. $act
Binance Announcement
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Preliminary Investigation on Price Fluctuations of Certain Low Market Capitalization Tokens
This is a general announcement, and the products and services mentioned here may not be applicable in your region. Dear Users: Recently, we have observed a series of declines in certain low market capitalization tokens. Upon investigation, it was found that three VIP users cross-sold approximately 514,000 USDT worth of ACT tokens in a short period in the spot market, along with a non-VIP user transferring large amounts of ACT from other platforms and selling approximately 540,000 USDT worth of tokens in the spot market within a short time. When the price of ACT declined, some users' futures contracts were liquidated, leading to declines in other tokens. Currently, no single account with significant profits has been identified. As the token has already circulated entirely in the secondary market, the platform cannot intervene in any user's selling behavior. We will continue to investigate this incident, and if there are updates, Binance will further synchronize relevant details.
$ACT Say it again, this time Binance is definitely responsible but they just don't want to compensate, just say it was the users' fault. Everyone, go check the announcement for the adjustment of leverage trading pairs; all of them collapsed precisely at 18:30, with a sharp drop and liquidation. The subsequent actions were all panic liquidations. Binance only mentioned the panic part afterwards, not a word about the 18:30 liquidation.
Then everyone go look at the announcement; they only gave the market makers three hours to handle the orders. What can be handled in three hours? Issued at 15:32, rules changed at 18:30. It's strange if it doesn't explode. Moreover, this announcement was modified; originally, the leverage in yesterday's announcement was not this low, still within the range for market maker orders. Today, they lowered the leverage and it exploded.
Binance's statement on $ACT feels like treating everyone as idiots A project with a market value of over 100 million, and 4 people collectively selling 1.05 million can trigger a cascade crash worth 200 million in liquidation? Binance, instead of admitting that the problems with your rules caused the incident, and that you don't want to compensate, just say so. But you can't evade all responsibility, making it seem like you have none, and that you are completely innocent. This is not a single project crashing; it's multiple projects crashing and liquidating at the same time, all triggered after you adjusted the leverage. Or you might as well change the script and say that a foolish big trader opened a long position of 80 million to 1 billion with 2 to 3 million, supporting the entire project’s market value, playing with everyone? But because of this 1.05 million selling pressure causing panic liquidations? Everyone realized, oh, I was playing in an air project all along. It turns out there aren’t many circulating coins in the market; it’s all leverage. The new script has been written for you. Keep treating everyone as idiots.
#ACT Binance issued a tracking statement, feels like treating everyone as idiots. This is a project worth over 100 million. Four people can cause a massive sell-off of 1.05 million, triggering a chain collapse of 200 million in liquidations? Binance, you don't want to admit that your rule issues caused the losses and don't want to compensate, just say it directly. But you can't evade all responsibility, making it seem like you have no accountability at all. This isn't just a single project crashing; it's multiple projects liquidating simultaneously, all triggered under your adjustment timeframe. Or maybe you should just change the script and say that a foolish big player opened a long position of 8,000 to 1E with 2 to 3 million to support the entire project's market value, playing along with everyone? But now, because of this 1.05 million sell-off leading to liquidation? Everyone realizes, oh, it turns out I was playing on an air project. It turns out there aren't many circulating coins in the market. The new script is all written for you, continue treating everyone as idiots.
$ACT 4 individuals smashed 1.05 million, could break through a market value of 100 million. You don't want to admit your problems, Binance. You don't want to lose money, just say it directly. But you can't treat people as fools. You said that 4 people smashed out 10 million, which caused panic, and that sounds more credible. 1.05 million could break through? Then how many long positions were liquidated below? How many robots stopped losses?
Don't you check why this coin doesn't rise when you buy it? Go check and you'll know that its community has already broken apart. The project side is messing around again.
Binance only needs to issue a violation of bribery and election, freeze accounts, confiscate assets, and the whistleblower receives all assets of the reported person. Who would still dare to commit election bribery?
Crypto麻子新
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Selling a ticket for 8 yuan, buying a ticket for 50 yuan🤣 In the future, even if we hold a vote, it will feel unfair.
You just directly say that you have placed a short position up there. People spend money to go bankrupt, and you are making money from the market crash. Your calculations are really good.
TON Do you know why there is no total amount data? Because it has unlimited inflation with no total upper limit, and the annual inflation rate grows by 0.6%.
Cathy姐玩链游
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Durov safely exits France, Ton coin price rises. Unable to search for the total traffic data of Telegram (even centralized platforms can’t find it), but we can see that in the past month, those games not using the Ton chain have either removed their Web3 features to become free Web2 games or games with fiat payment on TG, or have gradually left the Telegram ecosystem to start fresh on web platforms or other platforms.
Telegram is determined to promote its own Ton, so it’s telling these Web3 projects that don’t use the Ton chain to leave, and not to use Telegram’s traffic to develop businesses on other public chains anymore. Personally, I think a one-size-fits-all approach isn't appropriate; many Web3 projects find it very difficult to switch chains. Telegram might be better off implementing a fee system, charging those Web3 projects that don’t use the Ton chain on a monthly active basis, rather than directly pushing them away. Speaking of which, after Telegram's “exclusive Ton chain policy” started on February 21, the price of Ton has been on a downward trend. At that time, Durov was just unable to exit France, which did not affect his personal freedom or any business decisions within France; the market had already given immediate feedback to this exclusive Ton chain policy. Looking forward to what new strategies Durov will launch for Telegram/Ton after clearing the lawsuits in France and regaining freedom?
The data is not checked well. Should we check what kind of money WLFI institution has? Is there a single penny that Trump took out of his pocket? Not to mention Trump, even his family has never spent a dime. All of it comes from the political donations of the project parties. Sun Ge stands at the forefront, and then these coins he bought, what do you think he bought them for? They are all projects that initially had political donations. He just bought back the tokens with the money. You see him losing, but in fact, he didn't spend a dime. How can you say it's a loss if he didn't spend money?
比特欧 Elvin
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Bearish
If your altcoin losses are less than -33%, you trade altcoins better than the president.
The Trump family organization WLFI has just added two altcoins: $AVAX and $MNT, each purchasing $2 million. Currently, the entire portfolio has spent $340 million to buy 11 types of tokens, but the remaining assets are only worth $220 million, with a drawdown of -33%.
Currently, the coin with the least loss for the president: $TRX (as expected from Sun) Currently, the coin with the most loss for the president: $ENA
Don't worry, Trump won't buy PI. Their strategy is very clear: they only buy public chains with development potential. The circulation of PI will gradually expand in the future, and most of the circulation is among Chinese people. Do you think he will give Chinese people a chance?
I think there is still a chance to return to 190 this year, but breaking 200 is basically unlikely, unless there is a strong narrative rise.
Crypto麻子新
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Simply put, if I say sol is not working now, there will definitely be a bunch of people who made money on sol defending it, or brothers who are stuck in high positions on the chain saying I’m talking nonsense. But it’s undeniable that the rise of sol relies entirely on memes. Currently, the meme space has become chaotic due to the actions of certain cryptocurrencies. I can't think of any value that can promote it other than what’s on the chain.
At present, the meme market is in this awful state, basically everything that comes out is for harvesting. I feel that even if the bull market hasn't ended, sol's high point won't exceed 180!
Isn't it true that shouting for people to increase their positions now means you are heavily invested yourself? Because whether it's indicators or news, nothing has concluded yet. The earliest we might have a preliminary direction is 3/20. Of course, if you say that getting in now will definitely be profitable in the future, I don't disagree. As long as you hold the spot, even if it drops 30%, there will still be opportunities to recover in the second half of the year. It's just a matter of how much you earn or lose.
Crypto交易员朱一旦
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If you still believe there is a market, now is the best time to increase your position.
Brothers, hello everyone, I am trader Zhu Yidan. Friends from outside the area came to visit in the past couple of days, so I didn't update. The recent market has been thrilling. Ethereum unexpectedly dropped to 1753, which many people did not foresee. Bitcoin has fluctuated up and down by 2-3 points within an hour. Former mainstream coins are moving like altcoins. Many people's confidence has been shattered, even Ethereum whales have chosen to close their positions because they are approaching their liquidation points. The increased trading volume and turnover rate at the bottom, I believe, is a good sign.
Why don't you look for your own problems when your exchange account is banned? You are using the exchange without a VPN, why don't you look for your own issues? So many Chinese people are also playing on Matcha, why are you the only one banned? 😂