Marscoin inexplicably pumped 20%—could this be an exchange liquidation event? Are there any big shots whose contracts got liquidated during this rally? Let’s see if this single-kill case can be broken!

On 2026.9.28, #MarsCoin —data changes of the top 40 holder addresses

Binance spot: outflow of 2.59 million coins
Gate1: outflow of 780k coins
Gate5: inflow of 0 coins
Mexc: outflow of 700k coins
New entrants to the top 40: 2 people—all 2 were transfers in
Dropped out from the top 40: 2 people—all 2 were normal withdrawals from the rankings
Added to top 40: 0 people
Reduced holdings in top 40: 2 people

MarsCoin daily key summary:
In this round, there are 2 new entrants to the top 40, and both came from Binance transfers. The 2 who dropped out of the top 40 are both normal rank drops. No one added to the top 40; 2 people reduced their positions, and their amounts are not large. Exchange data changes are very small. The biggest change is Binance’s outflow of 2.59 million tokens. So the question is: where did the data behind the pump on the 26th go? If you look on-chain, you can’t see it for a day’s 20% rise, and even the exchanges can’t show it either. It’s basically like it mysteriously pumped 20%, then the price returned to where it was during the pump. Could we boldly speculate that maybe some exchange was going to liquidate contracts—first it pumped on the exchange, then sold off (dumped) after the target was achieved, bringing the price back to its original level? And right now, the token price is very close to the price at the time of the pump. Brothers, do you think the probability of liquidation is high? I really can’t think of any other reason for a single-kill case—any experts care to analyze? Haha!

Do you think it’ll go up or down from here? Click the trade below $MarsCoin 👇👇👇