FARTCOIN’s sudden, no-warning crash drops more than 25%; 38.88 million liquidated—likely because XPL’s same-team traders were running the market
FARTCOIN experienced a brief surge of more than 27% in the early hours of April 9, followed by a drop of more than 20% within 5 minutes; overall, it fell by more than 26%. Analysis suggests this incident is similar to the XPL flash-crash tactic from April 3, and is believed to be market manipulation, although no regulatory body has conducted an official investigation yet. The strategy includes using high-leverage long orders to drive the market upward, followed by large-scale selling that triggers liquidations.
MarketWhisper·04-09 03:37

