An investor lost $102,000 in 12 minutes due to the Binance Alpha incident

ChainCatcher news, according to @ai_9684xtpa's monitoring, due to the Binance Alpha incident, an investor lost $102,000 in just 12 minutes. The sequence of events is as follows:

1. After the false information was released, the investor sold 1.76 million ARC (about $170,000) to buy 1.42 million ELIZA, at a cost of 0.1376;
2. The investor then realized that the target token should be lowercase eliza, and sold all ELIZA at 0.09567, incurring a loss of $59,600;
3. After the news was debunked, the price of lowercase eliza also fell, and the investor sold again at 0.01157, incurring a loss of $43,000.

Overall, the investor lost as much as 52.5% in this incident.