The world’s leading cryptocurrency exchange – Binance – took to Twitter to announce that it has forcibly closed positions of Australian accounts that have been mistakenly classified as “Wholesale Investors.”
- Binance откри that Australian regulation requires them to forcibly close positions of mistakenly classified accounts of Australian investors.
Our team identified a small number of Australian Users who were incorrectly classed as “Wholesale Investors” on Binance.
Според австралиската регулатива, од нас се бараше да ги информираме овие корисници и да затвориме која било од нивните сопствени деривативни позиции со непосреден ефект.
- The exchange also said that they’ve already contacted the impacted users and intend to fully compensate them for any losses they may have incurred while trading derivatives on Binance.
- That said, the news did cause volatility in the market, as Bitcoin’s price tumbled below $24K and then recovered minutes later:
- Data from Coinglass also емисии an uptick in liquidations, with the last four hours seeing over $20 million worth of liquidated BTC positions, most of them being long.
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Source: https://cryptopotato.com/bitcoin-volatility-increases-as-binance-closes-some-aussie-derivatives-accounts/