Bitcoin Runes DOG showed price divergence on Bitget, and the community called for the restoration of spot trading
BIBIBI
AT A GLANCE
Leonidas said that Bitget delisted DOG and froze withdrawals, after which DOG showed significant price divergence.
Article
Bitcoin Runes DOG: Significant price divergence has emerged on Bitget, prompting calls to restore spot trading
BlockBeats reported that September 26, Bitcoin Runes DOG community core figure Leonidas published a lengthy open letter to Bitget CEO Gracy Chen, stating that the platform's delisting of DOG just hours after the platform was hacked, while withdrawals remained frozen, was highly unusual. The delisting announcement, inability to withdraw, and post-hack trust crisis caused DOG to show significant price divergence on Bitget, causing losses for holders who had traded on the platform for a long time.
Leonidas stated that DOG had a market capitalization exceeding 100000000 USD, had been traded on Bitget for 2 and had cumulative trading volume exceeding 1000000000 USD, while its community was much larger than the many small-cap tokens still listed on the platform. On behalf of the community, he formally requested that Bitget restore spot trading to rectify the abnormal market conditions, while wishing the platform a swift recovery of the stolen assets and proper handling of the aftermath of the hack.
Original link https://m.theblockbeats.info/flash/369091
Key points
01
BlockBeats reported that September 26 Leonidas wrote to Bitget CEO Gracy Chen。
02
Leonidas said that Bitget announced its delisting hours after being hacked DOG, while withdrawals remained frozen.
03
The article stated that the delisting announcement, inability to withdraw, and post-hack trust crisis caused DOG to show significant price divergence on Bitget.
04
Leonidas said DOG had a market capitalization exceeding 100000000 USD, had been traded on Bitget for 2 and had cumulative trading volume exceeding 1000000000 USD。
05
Leonidas, on behalf of the community, called for Bitget the restoration of DOG spot trading.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a report about abnormal trading in DOG on Bitget. Leonidas believes that the delisting and frozen withdrawals caused price divergence and called on the platform to restore spot trading.
Why it matters to readers
The event involved DOG delisting, frozen withdrawals, and price divergence; the article stated that holders who had traded on the platform for a long time consequently suffered losses.
Beginners can first focus on three facts:DOG was requested to restore spot trading,Bitget withdrawals remained frozen, and the report mentioned significant price divergence.
Risks and unknowns
Bitget Whether the delisting of DOG and the freezing of withdrawals were confirmed is not stated in the original article.
DOG The specific extent of the price divergence and the results of independent market-data verification are not stated in the original article.
The specific circumstances of the hack, the amount of stolen assets, and progress toward recovery are not stated in the original article.
Related Developments
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Related concepts
Spot Trading
A trading method in which one asset is directly exchanged for another at current market prices.
