Behind TUT's sharp price fluctuations, 20% of its total token supply has flowed from Binance to Bitget.
2026.08.09 16:11:12
Today, sharp price swings in the TUT token led to $36 million in liquidations within an hour, sparking widespread market debate. The token has posted $570 million in spot trading volume and $2.5 billion in futures trading volume across the network in the past 24 hours. According to monitoring by Yu Jin, on-chain activity for TUT is mostly limited to transfers between major centralized exchanges (CEXs) by market makers or token controllers. The recent trend has seen TUT flowing from Binance to Bitget: over the past day and a half, 160 million TUT tokens, accounting for 20% of the total supply, have entered Bitget.
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