The investigation results of Binance on the violent trading of GoPlus after its listing have been officially announced. It was the reckless trading behavior of the market maker. Currently, Binance has banned the account of the market maker. Regarding the business logic of the market maker and why some market makers engage in violent trading, I have previously posted a detailed explanation in a tweet. I suggest everyone review the following link:// (x.com)/jason_chen998/status/1846734062716965371? s=46&t=1coVZFj8V6fzIy6jlfOqnQ But! However, compared to the wrongdoing of market makers, Binance seems to have engaged in more serious insider behavior of rat trading! As shown in Figure 2, Binance announced at exactly 5 o'clock that GPS was included in the observation tag, which is considered bearish. However, at 4:55 am, the position of short positions suddenly doubled. Compared to 4:50 am, the number of short positions skyrocketed from 5.3 million to 9.6 million. It is too coincidental that such a large number of short positions suddenly appeared just before Binance's announcement. It is recommended that Binance investigate whether the account of this short position is an insider @heyibinance @sisibinance @binancezh