đš $TUT $46M IN LIQUIDATIONS IN 24 HOURS ON A TOKEN NOBODY KNEW YESTERDAY
A token nobody had heard of 24 hours ago
just wiped $46M in liquidations.
$43.2M of it was SHORTS.
Here's how they did it:
â +250% in THREE MINUTES on Bitget futures
â +170% on Gate futures
â Spot price was HALF of the futures mark
The perp was trading at 2x the actual spot price.
That's not a market. That's a machine
built to detonate every short at once.
$43M in shorts liquidated on a mark
the spot price never even touched.
This isn't a "crypto is volatile" story anymore.
This is a fabricated price on a regulated-looking exchange,
wiping out real people on a number that didn't exist in reality.
Will anyone actually be held accountable for this?
A token nobody had heard of 24 hours ago
just wiped $46M in liquidations.
$43.2M of it was SHORTS.
Here's how they did it:
â +250% in THREE MINUTES on Bitget futures
â +170% on Gate futures
â Spot price was HALF of the futures mark
The perp was trading at 2x the actual spot price.
That's not a market. That's a machine
built to detonate every short at once.
$43M in shorts liquidated on a mark
the spot price never even touched.
This isn't a "crypto is volatile" story anymore.
This is a fabricated price on a regulated-looking exchange,
wiping out real people on a number that didn't exist in reality.
Will anyone actually be held accountable for this?