The price of U has dropped to 6.88, and the stablecoin has also become unstable? It seems quite difficult to be a U trader in the short term. This afternoon, someone in the group asked a question: why is there a negative premium on U now? A negative premium means the price of U is lower than the US dollar exchange rate, which is currently 1:7.07. Usually, the price of U tends to have a premium, but recently the buying and selling prices of USDT have been below 7, hence it is called a negative premium. The reason for the negative premium is that there are more people selling U, leading to significant market pressure, and fewer buyers, which has caused the price to drop. Someone in the group responded that U traders are retreating and even shared a call record, stating they received a criminal investigation call after operating on Binance. Everyone in the group is discussing it passionately, so I won't go into detail.

$BNB