Binance delists underperforming pairs, including SUI/TUSD and WRX, citing low liquidity and market inefficiency.
WRX price crashes over 50% after Binance announcement and court-ordered probe into $230M hack.
SUI, HMSTR, and AEUR see 5-10% price drops amid Binance’s strategic clean-up.
The crypto market is reacting to Binance’s announcement on delisting several underperforming trading pairs. These include SUI/TUSD and WRX pairs. Binance cited low liquidity and market inefficiency as reasons.
The delisting will take effect between December 20 and 25. This has triggered price drops for affected tokens. SUI lost 4%, and WazirX’s WRX crashed almost 60%. In addition, the Delhi High Court has ordered a new probe into the WazirX hacking incident.
Binance will delist five spot trading pairs on December 20: SUI/TUSD, HMSTR/BNB, BNT/ETH, CYBER/TUSD, and AEUR/EUR. The exchange will also remove Spot Trading Bots services for these pairs. Users should update or cancel their trading bots.
Read also : WazirX Asset Rebalancing: $200M Wallet Activity
Binance said this decision comes from periodic market reviews. These reviews found low liquidity and trading volu…
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