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00:20
edgeX: EDGE Token Experiences Unusual Price Volatility, Investigation Underway
BlockBeats News, June 2nd, edgeX announced that they have observed sudden and abnormal price fluctuations of the EDGE token. They are currently actively investigating the cause. The team is urgently looking into the specific situation and will release an update as soon as the relevant information is confirmed. The official statement also reminds users to rely only on information released through official edgeX channels and to be cautious of unverified market speculation. Earlier reports indicated that the edgeX platform's token, EDGE, experienced a "flash crash," plummeting over 77% to $0.315 before recovering to $0.751. The 24-hour price drop has narrowed to 41.13%.
00:20
EDGE "flash crashed" by more than 77% to $0.315, now rebounded to $0.751
BlockBeats reported on June 2 that, according to market data, the edgeX platform token EDGE experienced a "flash crash," dropping more than 77% to $0.315 before rebounding to $0.751. The 24-hour decline narrowed to 41.13%. According to Coinglass data, in four hours, EDGE saw liquidations totaling $5.2152 million, including $4.0962 million in long positions and $1.119 million in short positions.
00:14
Whale Shorts 21,948 ETH with 10x Leverage, Valued at Approximately $44 Million
On June 2, according to monitoring by Onchain Lens, a certain whale shorted 21,948 ETH with 10x leverage, with a position value of approximately $44 million and a liquidation price of $2,339.76.
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