'Revival plan' vs. 'insane volatility': $LUNA trading volume bounces back to nearly $6 billion.
Due to the various factors stated above, LUNA regained its trading volume and trades at $0.00025 at the time of writing. According to
from CoinMarketCap, crypto exchange Binance represents 68.26% of LUNA’s trading volume, followed by KuCoin at 9.52% and FTX at 1.13%.On Friday, Crypto.com users raised concerns about LUNA trades being reversed on the exchange’s mobile application. Kris Marszalek, CEO of Crypto.com, later revealed that an internal error caused the system to display incorrect prices, which led to numerous investors cashing in 30-40x profits.
There was a lot of customers who were buying at wrong prices and of course some also jumped onto the opportunity to exploit the glitch to the maximum.Some customers saved a ton of $ and are thanking us, some didn’t abuse the glitch and are bashing us.As a result, Crypto.com temporarily blocked all users from trading. After a day’s review of the supposed system glitch, Marszalek informed that “all user accounts have been re-enabled.
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