πŸ‘€ Today BUSD in pair against DAI on Binance fell to $0.2 at the moment

The sharp drop was triggered by a $647,000 sell order that triggered a slippage cascade to $0.2. After that, BUSD immediately re-pegged to the US dollar in tandem with DAI.

The uncoupling could have been caused by a lack of liquidity or a pricing error that did not take into account the remaining buy orders.

Reply to this note

Please Login to reply.

Discussion

No replies yet.