HuoXing Finance reports that on August 9, the TUT token on the BSC ecosystem experienced unusual price movement. According to market data, its spot price surged over 200% in the past 24 hours, currently trading at $0.11. In the last hour, the token accelerated upward before quickly reversing, with a current one-hour decline exceeding 44%. Notably, trading activity in the TUT contract has been highly active; amid the sharp volatility, TUT has become the token with the highest liquidation volume in the past hour. As of publication, TUT recorded $34.02 million in liquidations over the past hour, with $32.78 million from short positions. Multiple short positions exceeding $1 million on centralized exchanges have been liquidated.
BSC Token TUT Surges 200% in 24 Hours, Then Drops 44% in One Hour
MarsBitShare
Summary
On-chain data shows that the BSC token TUT surged over 200% in 24 hours on August 9, 2026, before dropping 44% within one hour. On-chain analysis reveals $34.02 million in futures liquidations, with $32.78 million in short positions liquidated. Several short positions exceeding $1 million on centralized exchanges were liquidated during the sharp decline.
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