CoinScoopGate.io Triggers 92 Liquidations Following BEN Perpetual Dividend Adjustment
Gate.io's BENUSDT perpetual futures contract saw 92 liquidations on September 30 after a quarterly dividend adjustment for Franklin Resources (BEN). At 08:00 UTC, the exchange credited $0.33 per share to long positions and deducted the same amount from short positions. Traders who failed to maintain sufficient margin were force-closed. The exchange had issued a warning regarding the adjustment on September 28.
Summaries are written by AI from the original article. Not investment advice.