LeverFi has released the results of a survey on the volatility of LEVER tokens. On June 12th at around 04:45 UTC, LEVER tokens experienced a significant market fluctuation, dropping by as much as 40% in just two hours.After investigation, it was found that there were no security or smart contract vulnerabilities, so the market fluctuation was likely caused by market-related behavior.The investigation pointed to a short-term short-selling attack attempting to manipulate the volatility of LEVER in the Binance contract market. It is suggested that the market fluctuation was likely caused by a speculative big player or cartel attempting to manipulate the LEVER trading market.In the Binance spot and Bithumb exchanges, the buying and selling volumes are roughly equal, with the buying transaction volume even exceeding the selling transaction volume, indicating a normal and positive trading market.
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