An incredible liquidation hunt just took place on Binance.
Someone was short 4-8m of ALPINE.
A group of traders who somehow knew or predicted this persons liquidation price, pumped ALPINE by 1500% to liquidate them, robbing 30m USD.
They then dumped their entire position, sending ALPINE down by another 78%.
This was entirely PVP and only possible because the shorters liquidation price was somehow leaked. Not sure if Binance knew their liquidation data, or if it was just predicted based on OI / taker data.
Either way both Binance and the liquidation hunter made a huge amount of money off this entity.
An incredible liquidation hunt just took place on Binance.
Someone was short 4-8m of ALPINE.
A group of traders who somehow knew or predicted this persons liquidation price, pumped ALPINE by 1500% to liquidate them, robbing 30m USD.
They then dumped their entire position, sending ALPINE down by another 78%.
This was entirely PVP and only possible because the shorters liquidation price was somehow leaked. Not sure if Binance knew their liquidation data, or if it was just predicted based on OI / taker data.
Either way both Binance and the liquidation hunter made a huge amount of money off this entity.
The public channel had more than 109,000 subscribers, Judge Hui said. Ng had the power to remove or amend the messages in the channel, but he “allowed them to exist.” best-secure-messaging-apps-shutterstock-1892950018.jpg The court said the defendant had also incited people to commit public nuisance, with messages calling on them to take part in rallies and demonstrations including at Hong Kong International Airport, to block roads and to paralyse the public transportation system. Various forms of protest promoted on the messaging platform included general strikes, lunchtime protests and silent sit-ins. With the sharp downturn in the crypto market, yelling has become a coping mechanism for many crypto traders. This screaming therapy became popular after the surge of Goblintown Ethereum NFTs at the end of May or early June. Here, holders made incoherent groaning sounds in late-night Twitter spaces. They also role-played as urine-loving Goblin creatures. For crypto enthusiasts, there was the “gm” app, a self-described “meme app” which only allowed users to greet each other with “gm,” or “good morning,” a common acronym thrown around on Crypto Twitter and Discord. But the gm app was shut down back in September after a hacker reportedly gained access to user data.
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