Gate's BENUSDT Market Logs 92 Liquidations After Dividend Adjustment
- —92 liquidation orders hit BENUSDT within 65 seconds of the adjustment
- —The Franklin Resources dividend adjustment was $0.33
- —Gate announced the adjustment on Sept. 28
Why it matters: It highlights how scheduled corporate actions on tokenized equities can trigger sharp liquidation cascades in perpetual markets.
Source: The Defiant