$USDT : Binance’s SOXL mark fell 5.9% despite a 3% price band. Here’s why
━━━━━━━━━━━━━━━━━━━━
During one hour on October 17, SOXL’s mark fell 5.9% from opening to low while all 60 sampled minute-close gaps to the moving index stayed below 3%.
Binance’s perpetual tied to SOXL, a leveraged semiconductor ETF, recorded a 5.9% opening-to-low fall in the mark price used for margin risk during the 21:00–22:00 UTC hour on Saturday, Oct. All 60 sampled minute-close gaps between that mark and its reference index stayed below 3%.
#Tether #DeFi
Source - CryptoSlate
━━━━━━━━━━━━━━━━━━━━
During one hour on October 17, SOXL’s mark fell 5.9% from opening to low while all 60 sampled minute-close gaps to the moving index stayed below 3%.
Binance’s perpetual tied to SOXL, a leveraged semiconductor ETF, recorded a 5.9% opening-to-low fall in the mark price used for margin risk during the 21:00–22:00 UTC hour on Saturday, Oct. All 60 sampled minute-close gaps between that mark and its reference index stayed below 3%.
#Tether #DeFi
Source - CryptoSlate