According to the monitoring of Ai Yi, an analyst on the chain, a user lost $102,000 in just 12 minutes due to the Binance Alpha blunder. The specific operation is as follows: After the false information was released, the investor sold 1.76 million ARC (about $170,000) and bought 1.42 million ELIZA at a cost of $0.1376; Then he realized that the target token should be lowercase eliza, and sold all ELIZA for eliza at $0.09567, losing $59,600; After the news was falsified, the price of lowercase eliza also fell, and finally sold again at $0.01157, losing $43,000. Overall, the user lost up to 52.5% in this incident.