Bitget’s $12B VOXEL frenzy fizzled fast, but questions remain

A little-known VOXEL trading pair on cryptocurrency exchange Bitget suddenly clocked over $12 billion in volume on April 20, dwarfing the metrics of the same contract on Binance. The activity centered on VOXEL/USDT perpetual futures, where traders reported instant order fills — an anomaly many described as a bug that allowed savvy traders to rack up outsized profits by exploiting unusual price behavior. The atypical metrics drew Bitget’s attention. In the fallout of its early investigation, the exchange suspended accounts suspected of market manipulation and rolled back irregular trades that occurred throughout the day source: https://cointelegraph.com/news/bitget-voxel-frenzy-fizzled-questions-remain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound