🔥 Binance & CHESS (Tranchess) Update
Binance announced it will delist $CHESS (Tranchess) along with several other tokens (ACA, DATA, DF, GHST, NKN) from spot trading on February 13, 2026 at 03:00 UTC as part of a periodic review of assets. This means trading will stop and liquidity on the platform will be removed.
Delisting usually puts downward pressure on a token’s price because centralized liquidity and visibility shrink — holders often sell before markets close, and bots or active traders may get forced out.
Some market data still shows price volatility in CHESS, with a notable rise reported in recent spot activity, but delisting news could reverse that sentiment quickly.
📉 Price Implication
Assets set for delisting often see short-term sell-offs as traders reposition ahead of the removal date.
Even if CHESS sees brief rallies, the looming delisting announcement tends to increase uncertainty.
📊 Binance Exchange Overall
Binance remains the largest crypto exchange worldwide by volume and reserves, dwarfing many competitors (reserves like ~$155 B reported).
However, regulatory pressure and delisting decisions reflect ongoing risk management and compliance challenges that can impact market sentiment, especially for smaller tokens.
Summary: CHESS is likely under significant bearish pressure due to the scheduled Binance delisting on Feb 13. Traders typically adjust positions before such events. Binance’s overall market dominance still supports broad crypto liquidity, but token-specific outcomes vary sharply when trading pairs are removed.
