Binance Futures Market Malfunctioned, BTC Price Surpasses $400,000
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Binance Futures Market Glitch, BTC Price Exceeds $400,000
Binance: Candlestick Display Issue
Binance Also Experienced Display Issues in September
Binance Futures Market Glitch, BTC Price Exceeds $400,000
In the afternoon of the 28th, the price of BTC/USDT perpetual contract market on Binance soared to over $400,000.
This is not the first time Binance has experienced such a phenomenon this year.
Binance: Candlestick Display Issue
Binance immediately issued a statement stating that this was a display issue and all transactions were not affected, and the issue was resolved in about half an hour.
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Binance Also Experienced Display Issues in September
Similarly, in the Binance BTC/USDT perpetual contract market, abnormal price spikes occurred on the afternoon of September 29th, with the price plummeting multiple times to around $2,706, only 1/10th of the normal price.
At that time, Zhao Changpeng (CZ) stated that it was a display issue with the user interface’s candlestick, and there were no abnormalities in the K-line data through the API, so it would not affect the trading.
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Binance Bitcoin Perpetual Contract Experiences Crazy Price Spikes! Plummets Multiple Times to $2,706, CZ: Only a Display Issue
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Further reading
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CoinEx | Analysis of Major Bitcoin Contract Trading Platforms
