Web3
BitMart’s BMX Fell Nearly 60% on Shutdown Notice
COINOTAG·August 8, 2026·1 min read
BitMart's BMX token fell nearly 60% after the exchange announced an orderly wind-down. Founder Sheldon Xia denied fleeing and promised asset reviews. The sharp decline reflects market reaction to the shutdown notice, with investors concerned about the exchange's future operations and token value.
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