After flipping the timeline on Binance, it was found that 6.6 million USDT was smashed at 18:32, and the investigated amount was 1.05 million. It is possible that this was triggered by stop loss or contract liquidation, which was then transmitted to spot trading. The contract trading volume was 73.16 million, indicating a chain of liquidation Based on the above analysis, it is not an exaggeration to say that selling 1.05 million yuan within one minute can completely lead to a collapse, as the data corresponds to it. It doesn't seem fake at all