A graphic error on tradingView caused the zero zero zero zero on Mexc. This caused a color of social media, but the problem was not visible on the own Mexc platform.
Nevertheless, the Mexc trading volume has increased by more than 51% in the last 24 hours. Uncorified rumors can take off like forest fires if they are not discussed, which potentially causes token discharges and market chaos.
A bitcoin error on Mexc
Mexc, a centralized exchange based in Seychelles, focused on new upgrades this year. After going beyond competitors with parts of parts even in 2024, he announced today that he was moving from quantity to quality. However, this was overshadowed by other events, as traders reported that Bitcoin is briefly nasty on Mexc.
This immediately caused a social media tumult, because such an error in the Bitcoin price would have a serious impact on Mexc users. If BTC went from $ 100,000 to $ 0, it would immediately liquidate the long positions of all users. Such a scandal could be worse than the Jellyjelly Hyperliquid incident, because it would be caused by a site error instead of the trader’s activity.
However, the Mexc team went to social networks to address the alleged Bitcoin wick, saying that this only happened on its own tradingView site:
“We recently became aware of certain articles circulating on certain accounts claiming that the BTC candle wick of Mexc fell to 0. We would like to clarify that it was simply a display error on the tradingView platform on June 5, and there was no problem on the official Mexc website, where everything worked normally,” said the developers.
The Mexc team continued to assert that it collaborated with TradingView to diagnose Bitcoin display error and prevent it from reproducing. He also urged the community to independently verify rumors on social networks and to contact customer support in the event of a problem. However, this announcement occurred a few hours after the problem.
Mexc’s trading volume has increased by more than 51% in the last 24 hours, occurring mainly after the Bitcoin display error. However, for the moment, it is not clear if this increased volume was due to the fact that users have poured assets, but such a thing is possible.
All that is to say, this shows the importance of verifying information and fighting against false rumors. Mexc had nothing to do with the Bitcoin display error, but she still faced charges of being a fraudulent company. The cryptography sector is rapid and is negotiated on the feeling of the community, after all. He needs solid railings to prevent accidents from exploding.
Beincryptto contacted Mexc, but we have not yet heard.
The Glitch Post TradingView showed that Bitcoin evacuated at $ 0 on Mexc appeared first on Beincrypto.
