$GUA PLUNGES 65% - BINANCE ACTIVATES PRICE PROTECTION ⚡
BlockBeats reports GUA (SUPERFORTUNE) dropped over 65% in a single day to $0.059 on HTX, triggering Binance to activate its Last Price Protection mechanism for the perpetual contract. This smooths price using a 1% band and narrowed funding rate caps to ±0.005% until index prices converge.
The speed and depth of this move suggest a liquidity event rather than organic flow. Are we seeing a capitulation bottom or more downside before structure resets?
Not financial advice. Always manage your risk.
#GUA #Crash #Volatility #LiquidityEvent
⚡
BlockBeats reports GUA (SUPERFORTUNE) dropped over 65% in a single day to $0.059 on HTX, triggering Binance to activate its Last Price Protection mechanism for the perpetual contract. This smooths price using a 1% band and narrowed funding rate caps to ±0.005% until index prices converge.
The speed and depth of this move suggest a liquidity event rather than organic flow. Are we seeing a capitulation bottom or more downside before structure resets?
Not financial advice. Always manage your risk.
#GUA #Crash #Volatility #LiquidityEvent
⚡