🚨 $BULLA Futures just lost its normal spot-price anchor
Binance activated Last Price Protected (LPP) pricing after BULLA spot prices diverged across exchanges amid deposit and withdrawal restrictions
Under LPP, Mark Price is derived from recent futures trades, usually averaged over 10 seconds, rather than the standard external spot-based methodology
Funding limits were also cut from ±2% to just ±0.005%
$BULLA
⚠️ The overlooked risk?
When spot markets disagree, the futures market becomes its own temporary pricing reference
Smoothing can reduce abrupt Mark Price changes — it cannot establish what $BULLA is worth across exchanges
🔍 This isn't proof of manipulated prices or guaranteed liquidations
📌 Before trading, check whether LPP remains active and how Mark Price is being calculated
A protected price is not the same as an independently validated price
#BULLA #BİNANCEFUTURES
Binance activated Last Price Protected (LPP) pricing after BULLA spot prices diverged across exchanges amid deposit and withdrawal restrictions
Under LPP, Mark Price is derived from recent futures trades, usually averaged over 10 seconds, rather than the standard external spot-based methodology
Funding limits were also cut from ±2% to just ±0.005%
$BULLA
⚠️ The overlooked risk?
When spot markets disagree, the futures market becomes its own temporary pricing reference
Smoothing can reduce abrupt Mark Price changes — it cannot establish what $BULLA is worth across exchanges
🔍 This isn't proof of manipulated prices or guaranteed liquidations
📌 Before trading, check whether LPP remains active and how Mark Price is being calculated
A protected price is not the same as an independently validated price
#BULLA #BİNANCEFUTURES
