Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BDXN 24-hour volatility reaches 66.8%: Binance Futures delisting triggers sharp fluctuations and sell-off

BDXN 24-hour volatility reaches 66.8%: Binance Futures delisting triggers sharp fluctuations and sell-off

Bitget PulseBitget Pulse2026/03/18 22:03
Show original
By:Bitget Pulse

Volatility Overview

In the past 24 hours, BDXN price rebounded from a low of $0.00268 to a high of $0.00447 before falling back to the current $0.00308, with a price fluctuation amplitude reaching 66.8%. Trading volume surged significantly to around $1.17–4 million, a 2-10x increase compared to normal levels.

Brief Analysis of the Volatility Causes

- Binance officially delisted the BDXN USDT perpetual futures contract on March 17, 2026, directly triggering a surge in trading volume and panic selling, which drove sharp price movements.

- Within 24 hours, trading volume soared abnormally to $2.92–4 million, accompanied by dominant selling pressure and suspected smart fund distribution.

Market Opinions and Outlook

The prevailing market sentiment remains bearish. Most trading signals on X point to further downside risks; for instance, Finora AI’s report highlights “panic selling and smart fund distribution,” suggesting waiting for a rebound confirmation before shorting towards the $0.006 support level. The short-term outlook remains pressured, and investors should be wary of reduced liquidity and continued selling pressure after the delisting.

Note: This analysis is automatically generated by AI based on publicly available data and on-chain monitoring, for information reference only.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Societe Generale “Super Bear” Questions the AI Bull Market: Frenzy Reminiscent of the Eve of the 1997 Asian Financial Crisis, Productivity Slowdown Masked by Capital Expenditure

Societe Generale strategist Albert Edwards compares the current artificial intelligence (AI) investment boom to the economic bubble before the 1997 Asian financial crisis. He warns that large-scale capital expenditures may be masking stagnant productivity growth, raising doubts about whether the AI frenzy can meet investors’ high expectations.

智通财经•2026/10/12 02:41
Societe Generale “Super Bear” Questions the AI Bull Market: Frenzy Reminiscent of the Eve of the 1997 Asian Financial Crisis, Productivity Slowdown Masked by Capital Expenditure

1.7 Trillion Unlock V.S 1.7 Trillion Buyback: Goldman Sachs Bets on the Latter to Sustain the US Stock Market Bull Run

Goldman Sachs expects US companies to raise $600 billion in 2027, sets S&P target at 8,700 points, and states that buybacks and profits can withstand supply shocks.

智通财经•2026/10/12 01:48

Next target 8%? US mortgage rates soar to a three-year high as “higher for longer” trades sweep the real estate market

U.S. mortgage rates are experiencing a sharp upward surge. In just over a month, the average 30-year fixed mortgage rate has climbed by a full percentage point, reaching above 7.5%, the highest level in three years. As a result, homebuyer demand has plummeted, and existing home sales in September are expected to show a significant decline.

智通财经•2026/10/12 01:37

Bank of America Hartnett: Interest rate hikes become the biggest bullish factor, the logic of ending the bond bubble is spreading

Bank of America strategist Hartnett has made a counterintuitive assessment: the most favorable event for the stock market before the end of the year would be for the Federal Reserve to proactively raise interest rates in October—using a tightening move to curb the out-of-control long end. If the Fed proves its willingness to control inflation and term premium through an October rate hike, the market may actually stop worrying about the 10-year yield surging toward 6%, thereby easing pressure on stocks. Currently, while US stocks have not yet been brought down by interest rates, cracks are quietly spreading in South Korean brokers, French government bonds, and CCC-rated credit bonds.

华尔街见闻•2026/10/12 01:36