Analysis: The Spot price of ATOM on the Binance platform reached 0.001 USD for only 8 milliseconds, which does not affect the Get Liquidated price of the contract.

2025-10-14 08:36:50

According to BlockBeats news, on October 14th, Vida, the founder of Equation News, tweeted that “by querying the historical records of Binance Spot order book, it was found that ATOMUSDT briefly touched 0.001 USD within 8 milliseconds from 2025-10-11 05:20:37.689 to 05:20:37.697. At that time, market makers had all exited, and there were no buyers to take the sell orders, resulting in a sudden price fall. Within the next few milliseconds, the price quickly rebounded. Binance Spot indeed experienced that price, but it will not affect the contract liquidation price, because the contract mark price is calculated using a sliding average over a few minutes, so the contract price did not drop to 0.001 USD.”

ATOM1.27%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes