TUT Token Surges 6x with $3B Volume Amid Heavy Bitget Inflows
- The TUT token surged sixfold from $0.045 to $0.305 before pulling back to around $0.13, marking a 325.8% increase in 24 hours.
- Trading volumes reached $5.7 billion on spot markets and $25 billion on futures, making TUT one of the most active tokens globally.
- 160 million TUT, representing 20% of the total supply, flowed into Bitget from Binance, indicating significant market-making activity.
- The price volatility led to $34.99 million in TUT liquidations in one hour, primarily affecting short positions.
The Tutorial (TUT) token experienced a significant price rally in Asia, increasing sixfold within a single day. Initially rising from $0.045 to $0.305, the token later pulled back to approximately $0.13, still reflecting a substantial increase of 325.8% over 24 hours.
Trading volumes for TUT were notable, with spot markets recording $5.7 billion and futures markets reaching $25 billion, positioning it among the most actively traded tokens globally.
On-chain data indicated that 160 million TUT, which constitutes 20% of its total supply, moved into Bitget from Binance, suggesting active market-making and positioning by larger investors.
The extreme volatility in TUT's price led to significant liquidations, totaling $34.99 million in just one hour, predominantly affecting short positions, highlighting the speculative nature of the trading environment in Asia.
TUT代币在Bitget大规模资金流入下暴涨6倍，交易量达30亿美元
TUT代币在亚洲经历了一次显著的价格上涨，在一天内上涨了六倍。最初从0.045美元上涨至0.305美元，随后回落至大约0.13美元，24小时内仍反映出325.8%的显著增长。
TUT的交易量引人注目，现货市场记录为57亿美元，期货市场达到250亿美元，使其成为全球最活跃的代币之一。
链上数据显示，160百万TUT（占其总供应量的20%）从Binance流入Bitget，表明大型投资者的积极做市和布局。
TUT价格的极端波动导致了显著的清算，总计3499万美元在短短一小时内被清算，主要影响空头头寸，突显出亚洲交易环境的投机性质。