Breaking! Binance 'pulls the plug' on 10 altcoin leverages overnight, is your position still safe?
Early this morning, a notice from Binance shook the entire market: 10 high-profile altcoin FDUSD margin trading pairs will be completely removed or restricted. Popular cryptocurrencies such as ARB, ATOM, SHIB, PEPE, LDO, and GALA are prominently listed. Starting immediately, the transfers and lending of these pairs will gradually close, and by December 30, all remaining leveraged positions will be forcibly liquidated. This is not a drill, but a decisive 'risk-cutting operation' by the exchange. The announcement was cold and clear: if you don't act in time, the losses are yours to bear. Countless users who rely on these leveraged pairs for trading or arbitrage woke up to find that half of their 'arsenal' had been directly confiscated, and their risk exposure was forced to be revealed.