BEARISH 45 BeInCrypto 1H ago · 2 min read

New Binance-listed robotics token falls 40% as insiders blamed for crash

AI summary

A newly listed robotics token on Binance fell nearly 40% within a week of its listing. On-chain investigator ZachXBT attributed the crash to insiders, while Axis pointed the blame at a trading partner. The dispute matters to traders because it raises fresh questions about insider selling and listing quality on Binance, which could weigh on confidence in new listings.

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