dYdX released a post-mortem analysis of the SUSHI and YFI incidents, saying that the responsible persons had been tracked down and reported to law en

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Cointime2024/01/04 00:57

By:Cointime

DYdX has released a post-analysis of the significanT price fluctuations of SUSHI and YFI on dYdX v3, successfully tracked down the responsible parties and reported to the law enforcement department. dYdX is assisting the law enforcement department in investigating this matter and evaluating all legal options.

In addition, dYdX stated that risk control updates have been made to dYdX v3, including: modifying the margin of low liquidity markets; the initial margin ratio will automatically adjust when abnormal activity occurs, which will affect the ability to withdraw unrealized profits but will not affect the liquidation price; improved monitoring and alerts for open contracts, especially over long periods of time.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14