Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
OXT 24-hour volatility at 42.6%: Binance delisting announcement triggers panic sell-off followed by a surge in trading volume and rebound

OXT 24-hour volatility at 42.6%: Binance delisting announcement triggers panic sell-off followed by a surge in trading volume and rebound

Bitget PulseBitget Pulse2026/04/10 10:13
Show original
By:Bitget Pulse

Volatility Overview

In the past 24 hours, OXT's price hit a low of $0.01157, then rebounded to a high of $0.01650. It is currently quoted at $0.01648, with a swing of 42.6%. Trading volume saw a significant surge, with CoinGecko showing a 24-hour trading volume of $13.26 million (+221.70%), CoinMarketCap reporting $12.47 million (+207.31%), and major contributions from exchanges such as Binance.

Brief Analysis of the Unusual Movement

- On April 9, 2026, Binance announced that it would delist OXT and five other tokens (BIFI, FIO, FUN, MDT, WAN) on April 23 at 03:00 UTC due to low trading volume and failing to meet listing criteria, triggering panic selling and a 24h low point.

- Following the announcement, trading volume spiked sharply, with multiple volume spikes in Binance spot USDT/OXT pair (such as 501.73K within 15 minutes), driving the price rebound.

Market Views and Outlook

Market sentiment is leaning bullish, with 67% of the CoinGecko community optimistic. Technical analysis shared on the X platform indicates that OXT is testing the upper boundary of a descending channel or may break out of a symmetrical triangle, with target ranges of $0.058-0.150. The community is focused on delisting risks, and holders are advised to pay attention to the withdrawal window before April 23 and to consider shifting liquidity to platforms such as Gate and MEXC.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for informational purposes only.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Trump Rejects Iran's Proposal for Talks; Global Stocks and Bonds Under Pressure, Oil Prices Up Over 2%, Gold Falls Below 4200

Trump rejected Iran's latest proposal to reopen the Strait of Hormuz, causing the optimistic sentiment in the market last Friday to quickly reverse amidst the Middle East diplomatic stalemate. Brent crude oil rose over 2%, gold fell below $4,200, and silver dropped more than 4%. Asia-Pacific stock markets broadly declined, with South Korea's KOSPI falling over 2%. Global bond markets came under pressure, and the yield on the US 2-year Treasury rose to 4.90%. Market focus will shift to this week's PCE inflation data and the non-farm payroll report.

华尔街见闻•2026/09/28 06:16

AI demand drives TSMC to accelerate capacity expansion, 2nm monthly production aims for 120,000 wafers by year-end

According to reports, industry giants such as Apple, Nvidia, and AMD have collectively increased their orders by 10% to 20%, directly boosting TSMC's 2nm monthly production capacity to 120,000 wafers by the end of the year, which exceeds the previous estimate by more than 20% and brings forward the 2027 target by two years. For the first time in history, five factories will ramp up production simultaneously, and the annual compound growth rate of capacity from 2026 to 2028 will reach as high as 70%.

华尔街见闻•2026/09/28 04:26

Long-term US Treasury Sell-off Continues! 10-Year Treasury Yield Breaks 5.2% Again, “AI Boom vs. Rising Financing Costs” Narrative Showdown Intensifies

On Monday, oil prices rose and US Treasury bonds were sold off again as former US President Donald Trump rejected Iran's latest proposal to reopen the Strait of Hormuz, heightening concerns about inflation.

智通财经•2026/09/28 03:16