Bullish
TUT Sees 20% Supply Shift to Bitget Amid $36M Margin Calls
2026-08-09 16:01
One-hour margin calls hit $36M as 160M TUT tokens, representing 20% of total supply, transferred from Binance to Bitget, signaling major liquidity reallocation.
Woofun AI data shows that significant TUT volatility triggered $36 million in margin calls within a single hour, intensifying market scrutiny. On-chain activity indicates that market makers and large holders are driving asset transfers between centralized exchanges.
Over the past day, 160 million TUT tokens, equivalent to 20% of the total supply, moved from Binance to Bitget, marking a substantial shift in distribution.
WOOFUN AI
Impact Assessment · Quick Read
The transfer of 20% of TUT's supply to Bitget suggests a strategic repositioning by major holders or market makers, potentially to facilitate trading volume or arbitrage opportunities on the new venue. The concurrent $36M in margin calls highlights extreme short-term leverage risk, which could lead to further volatility if selling pressure persists. Investors should monitor Bitget's TUT order book depth to gauge immediate support levels.
Generated by WOOFUN AI · For reference only, not investment advice
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