Story Protocol's performance this week is worrying, with the IP token plunging over 10%. The underlying reasons aren't too complicated — first, leveraged positions were liquidated, then the Bitcoin network platform upgraded and implemented a two-day trading suspension, which directly caused liquidity to become a mess. That's how the market is; the interaction between news and technical factors often triggers a chain reaction. Sometimes, exchange maintenance windows have a deeper impact than people expect. Whether this correction can stop depends on the subsequent funding situation.
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TokenomicsPolice
· 9h ago
Leverage liquidation + exchange maintenance double kill, this move is truly brilliant. Once liquidity is cut off, it's over.
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BanklessAtHeart
· 12-13 10:07
Leverage liquidation + exchange maintenance, this combo punch is indeed fierce. Liquidity dries up, and the decline can't be avoided—old tricks still work.
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BlindBoxVictim
· 12-12 21:03
Oh no, the leverage liquidation is happening again. This really hurts.
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TokenSleuth
· 12-12 21:03
Leverage blew up, liquidity disappeared, this wave is really uncomfortable. Let's wait for the funding environment to stabilize, otherwise it will continue to plunge.
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DeepRabbitHole
· 12-12 21:02
Here we go again—leverage liquidations + exchange maintenance are just too much, liquidity disappears instantly, this is our market
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PanicSeller
· 12-12 21:02
When the exchange is under maintenance, leverage explodes. This trick has really been played out. The capital situation isn't improving, and there's no telling where the bottom is.
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unrekt.eth
· 12-12 20:57
Leverage liquidation + exchange maintenance, this combo punch really packs a punch. Once liquidity is messed up, there's nothing more to say; capital flow is the key.
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SerNgmi
· 12-12 20:48
A two-day trading halt can cause such a big jump; liquidity has indeed been messed up. Such times are often good opportunities to buy the dip, or it could continue to drop further. It all depends on how the capital situation develops.
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AlgoAlchemist
· 12-12 20:47
Once again, exchange maintenance caused the problem, and it just happened to coincide with the liquidation wave. Story Protocol really took the blame.
Story Protocol's performance this week is worrying, with the IP token plunging over 10%. The underlying reasons aren't too complicated — first, leveraged positions were liquidated, then the Bitcoin network platform upgraded and implemented a two-day trading suspension, which directly caused liquidity to become a mess. That's how the market is; the interaction between news and technical factors often triggers a chain reaction. Sometimes, exchange maintenance windows have a deeper impact than people expect. Whether this correction can stop depends on the subsequent funding situation.