According to BlockBeats, on November 25, Equation News published an article saying, “To insider traders who participated in the Binance perpetual contract listing, please sell your chips slowly next time.

This WHY and CHEEMS crash you caused was a 100% negative return for everyone involved in the trade and you are destroying the emotion of the trade.”

Earlier today, Binance announced that it would launch 1000WHYUSDT and 1000CHEEMSUSDT perpetual contracts, which subsequently caused a short-term plunge in WHY and CHEEMS, sparking heated discussions in the community.