Bitget compensates nearly $40 million after TUT and three pairs recorded abnormal mark price moves, with registration open for affected accounts.

TUT jumps 10x on Aster DEX listing; trader opens $165K 2x long as price holds $0.15 with bullish MACD.

TUT spiked to $1.00616 on Bitget and $0.3056 on Binance before crashing to $0.12, liquidating $9M in 20 minutes as RSI hit 98.66.

According to EmberCN, CZ's wallet recently burned three types of meme tokens that were previously transferred by project teams or community users. This includes 798 million Broccoli tokens (ending in 'aab'), representing 79.8% of the total supply and valued at $1.1 million, 10.14 million Broccoli tokens (ending in '714'), accounting for 1% of the supply worth $540,000, and 45.58 million TUT tokens, making up 4.5% of the supply valued at $1.95 million.

According to Lookonchain, Binance CEO CZ has executed a token burn involving 45.59 million TUT tokens worth $1.95 million, 10.14 million Broccoli-6714 tokens valued at $547,000, and 798 million Broccoli-caab tokens amounting to $1.1 million. This action reduces the circulating supply, potentially increasing the value of remaining tokens, which is a strategic move often used to influence market dynamics and investor confidence.