Binance’s SOXL mark fell 5.9% despite a 3% price band. Here’s why
A moving weekend index helps explain how a 5.9% opening-to-low mark decline coexisted with minute-close mark/index gaps below 3%. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
AI summary
Binance's SOXL mark price fell 5.9% from open to low despite a stated 3% price band, which the article attributes to a moving weekend index. The piece explains how minute-close mark/index gaps stayed below 3% even as the opening-to-low mark decline reached 5.9%. This is an explainer on mark-price mechanics rather than a directional market event, so it carries little price-moving significance for traders.
