🚨 EDGE Flash Crash: Market Manipulation or Liquidity Failure? The recent EDGE collapse shocked traders as the token plunged from around $1.12 to $0.32 within an hour. According to edgeX, the crash was driven by a combination of: 🔹 Thin market liquidity 🔹 Aggressive selling from multiple wallets 🔹 Cascading long liquidations 🔹 Cross-exchange market reactions Importantly, edgeX stated that team wallets remained inactive during the event. In response, the platform announced: ✅ Up to 100,000 USDC compensation per affected user ✅ A 200,000 USDC bounty program to help identify the wallets involved The incident highlights a critical lesson for crypto traders: A token doesn’t need a rug pull to crash. Sometimes all it takes is: ⚠️ Low liquidity ⚠️ High leverage ⚠️ Concentrated ownership ⚠️ Fear-driven liquidations When these factors collide, prices can collapse faster than fundamentals can react. The real question now is: Was EDGE a coordinated attack, or simply a structural weakness exposed by market conditions? $EDGE