After Sun Yuchen publicly claimed that First Digital Trust was insolvent, the stablecoin FDUSD guaranteed by it became unanchored on the Binance exchange, and its price fell more than 3% at one point, falling below $1.
The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time
According to Foresight News, The First Digital Trust stablecoin FDUSD was unanchored after Sun Yuchen claimed that FDT had actually gone bankrupt, and fell to $0.972 at one point, with a current price of approximately $0.9756.
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