TRB Plummets 20% After Flash Crash Triggers Major Liquidations and Surges Volatility

Tellor (TRB) is currently trading at $40.68, reflecting a 20.69% decline over the past 24 hours with a 24-hour trading volume of approximately $250.8 million and a market capitalization of around $109.7 million. The sharp price drop is primarily attributed to a flash crash on May 31, 2025, where the price fell rapidly from $67 to $46, triggering significant liquidations in TRBUSDT futures and heightened volatility. Despite a strong performance earlier in the week, the recent correction is linked to increased trading activity, high leverage in derivatives markets, and overall market sensitivity, leading to substantial short-term price fluctuations.