Tutorial (TUT) whipsaws as 1-hour liquidations hit $36 million amid heavy transfers to Bitget

Tutorial (TUT), a BSC ecosystem token, remained highly volatile after another sharp rebound left it trading at $0.221954, up 51.69% over 24 hours. The latest move followed a session of extreme swings in which one-hour liquidations had earlier climbed to about $36 million, while Coinglass data later showed more than $45 million in total liquidations for the day, the highest across the network, including $41.53 million from short positions. Earlier in the rally, TUT had surged 325.8% in 24 hours, traded above $0.25 for a record high and later briefly fell below $0.13. Trading stayed intense, with 24-hour spot volume reaching $570 million and derivatives volume hitting $2.5 billion, while on-chain monitoring flagged 160 million TUT, or 20% of total supply, moving mainly from Binance to Bitget in a little over a day. CoinGecko search data also showed TUT as the platform's most-searched cryptocurrency during the frenzy, highlighting the scale of speculative interest.

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