Bitget Springs Into Action: Compensating Users Hit by VOXEL/USDT Trading Chaos

Exchange Rolls Back Transactions, Tackles Fee and P&L Glitches

Bitget isn't messing around! After that wild ride with VOXEL/USDT perpetual contracts on April 20, they're now dishing out compensation to users caught in the crossfire. The exchange proudly declared on April 22 that they've nearly wrapped up transaction rollbacks and account recoveries. But wait, there's more! They're also diving deep into a second internal review after users started griping about messed-up fee deductions and wonky profit and loss calculations post-rollback.

VOXEL's Wild 200% Surge in 30 Minutes

Hang onto your hats! Around 8 a.m. UTC on April 20, VOXEL, the gaming token, shot up over 200% in just half an hour. It was like watching a rocket take off! VOXEL became the talk of the town, briefly out-trading even Bitcoin on Bitget. Its price was bouncing like a pinball between $0.125 and $0.138 before hitting a peak at $0.1645. Insane, right?

Suspected Market Maker Mayhem

Here's where it gets spicy. It looks like some shady market maker activity was pulling the strings. Orders in that tight price range were snapped up instantly, bypassing the usual order book dance where trades need a partner. Nope, these trades were executing like lightning, no waiting around!

Bitget's Swift Response

Bitget wasn't sleeping on the job. They slammed the brakes on VOXEL/USDT trading and locked down some accounts linked to the craziness. They're quick to say it wasn't a system exploit or their fault, but they're still hush-hush on who was behind the April 20 VOXEL futures frenzy.

What's the Deal with VOXEL?

VOXEL isn't just any token; it's the lifeblood of Voxie Tactics, a tactical RPG on the Polygon blockchain. It's not just a game piece; it's the utility token and in-game currency that keeps the game's economy humming.

VOXEL's Rollercoaster Ride Continues

Even beyond the Bitget drama, VOXEL's been making waves. It's been popping up as one of the hottest tokens on CoinMarketCap and CoinGecko. Over the weekend, it went from a humble $0.02 on Friday to a jaw-dropping intraday high of $0.17 on Sunday - that's a 750% pump! But hold on, it's cooled down to $0.06 now, though that's still a whopping 200% up from its Friday low. Talk about a wild ride!