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Analysis: The Binance platform's ATOM spot price touched $0.001 for 8 milliseconds, but it did not affect the contract's liquidation price

2025-10-14 16:31

BlockBeats News, October 14th, Formula News founder Vida tweeted that, "By querying Binance's spot order book history, it was found that ATOMUSDT briefly touched $0.001 on 2025-10-11 from 05:20:37.689 to 05:20:37.697 within 8 milliseconds, with a very small transaction amount. At that time, market makers had already exited, and there were no takers for the sell orders, causing the price to plummet instantly. The price quickly rebounded in the following milliseconds."


Binance's spot market did indeed experience this price, but it did not affect the contract liquidation price because the contract's mark price is calculated using a several-minute sliding average, so the contract price did not drop to $0.001."

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