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Movement (token code MOVE) is a typical market maker-led case of exploiting retail investors in the cryptocurrency space in 2024. The project emphasizes the concept of "decentralized social networking + on-chain data rights confirmation," leveraging the initial popularity of Web3 social tracks to intensively promote through community KOLs, quickly attracting retail investors' attention.
After launching, the market makers collaborated with the project team to pump the price, raising MOVE from the issuance price of $0.02 to $0.38 in just 3 days, an increase of 1800%. During this period, they continuously released false good news such as "collaborating with top social platforms" and "soon to be listed on top-tier exchanges," enticing retail investors to buy at a high price. When the proportion of retail investors' holdings exceeded 60% and the circulating chips were sufficiently dispersed, the market makers initiated a crash operation, concentrating on selling 66 million tokens within 48 hours, with large sell orders directly breaking through key support levels, triggering panic selling among retail investors, and the token price plummeted to $0.03, nearly halving.
According to on-chain data statistics, the market makers profited $38 million through low buying and high selling, while retail investors suffered an average loss of over 85%. Worse still, after the crash, the project team quickly removed the official website, white paper, and technical documents, shut down the official community, and completely abandoned project maintenance, solidifying the essence of "exploiting retail investors." The core trick of this case is "concept packaging + false good news + concentrated selling," becoming a typical example of the cryptocurrency space harvesting retail investors by leveraging track hype.
ASTER Phase 5 Airdrop will be launched on December 22, distributing 1.2% of the supply and introducing a token burning mechanism, which will significantly reduce circulation and push up prices. At the same time, Aster DEX has rapidly caught up with Hyperliquid in the perpetual contract market, and the trading volume has soared.
Now is a good time to lay out. Join the ASTER community and witness the next outbreak together! $ASTER {spot}(ASTERUSDT)
Crypto isn’t about getting rich overnight. It’s about believing early, learning fast, and staying calm when others panic. Every chart tells a story — Fear creates dips. Patience creates opportunities. Conviction creates winners. The market will test you. Red days will question your mindset. Noise will try to shake your vision. But those who study, build, and hold through uncertainty are the ones who stand strongest when the cycle turns. Zoom out. Stay curious. Manage risk. The future is being built on-chain — and you’re early. 🚀
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Binance 24-hour trading volume and news hotspot scan As of December 21, 2025, Binance, as the world's largest cryptocurrency exchange, has a spot trading volume of approximately $4.9 billion in the past 24 hours (CoinGecko data approximately $4.934 billion, CoinMarketCap at a similar level), a significant decrease of about 69% compared to the previous day, reflecting increased overall market volatility. The futures trading volume remains high at approximately $24.5 billion, with open interest reaching $26.5 billion, indicating active leveraged trading. Despite Bitcoin's price hovering around $96,000, the entire market has experienced a pullback, but Binance's user base has surpassed 300 million, with a significant increase in institutional investor participation. In terms of news hotspots, Binance today announced the launch of three new altcoin futures contracts, including zkPass (ZKP), SUPERFORTUNE (GUA), and Infrared (IR), providing traders with leverage opportunities of up to 75 times, further enriching the derivatives product line. Meanwhile, user participation on the platform is surging, with the "Binance Word of the Day" event continuing to attract newcomers with the theme "Binance Junior". Additionally, following CZ's pardon by Trump, Binance is actively positioning itself in the U.S. market, with a trend toward a more favorable regulatory environment. Overall, Binance maintains its leading position during the market adjustment period, with new products boosting confidence, but the decline in trading volume serves as a reminder for investors to heed risks. Future attention is on potential new coin listings and policy dynamics. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)