Wu said that according to @ai_9684xtpa’s monitoring, a trader lost $102,000 in 12 minutes due to the Binance Alpha blunder. After the false information was released, the user sold 1.76 million ARC (about $170,000) and bought 1.42 million uppercase ELIZA at a cost price of $0.1376. Later, he found that he had bought the wrong token, and sold it for lowercase eliza at $0.09567, with a loss of $59,600. When the news was confirmed to be false, the price of eliza plummeted, and the user was forced to liquidate the position at $0.01157, losing another $43,000, with a total loss of 52.5%.