Coin "Nillion," listed on Coinone, a domestic virtual asset exchange, the evening before, was traded at a price 40 times higher than the overseas market due to an error in the trading system.

This is because the order for selling has been dead for about 10 minutes. The coin, which had surged abnormally when only buy orders were available, plunged 98% from its peak as trading became normal.

A coin, "Nillion," listed on Coinone, a domestic virtual asset exchange, the evening before, was traded at a price 40 times higher than the overseas market due to an error in the trading system.

The order for selling has been dead for about 10 minutes.

The coin, which had surged abnormally when only buy orders were available, plunged 98% from its peak as trading became normal.

Although the transaction amount is not large due to the problematic trading situation that investors can recognize, some investors have complained of damage through the community.

Coinone listed Nillion at 10 p.m. on the 24th.

Coinone announced that the listed price was 585.6 won, the selling open at 22:00, and the buying open at 22:05.

The problem is that selling orders were not possible due to errors at a certain point after the transaction began.

Therefore, only some of the designated prices that had already been up for grabs were traded, and the price began to soar.

Fortunately, someone sold a large amount of goods for 50,000 won.

The price range acted like a wall, and between 22:09 and 18 minutes, only a purchase was possible from 50,000 won, which someone had put up a large sale volume, for nine minutes.

The transaction price is not large, ranging from 49,800 won to 50,000 won, about 15 million won, and 50,000 won to 2.31 million won.

However, trading has resumed since then, plunging 97.59% to 1,200 won in a minute.

Considering that the price was $0.86 (was traded at 1,262 won) per unit at Binance, an overseas exchange, when Nillion was trading on Coinone for 50,000 won, the kimchi premium reached 3,861% at the time.

Coinone was also in trouble on December 9 last year due to an abnormal surge in newly listed coins.

Coinone listed Movement Coin on the evening of December 9 last year.

At that time, the standard price for listing was 215 won, but it soared 4,600 times to 998,500 won in an instant.

However, it plunged to 5,000 won in less than an hour.

At that time, the coin's kimchi premium also soared by more than 98000%.

The movement crisis is caused by a momentary surge in prices due to a lack of coins on the domestic exchange.

Since the launch of the movement token was not long, most of them had only sales demand from early investors and others, and most of them, including overseas exchanges, competed for listing, so liquidity was insufficient.

At that time, the FSS confirmed the background of Coinone's push for listing and asked the industry to be careful not to repeat the same situation.

Meanwhile, Bitcoin is trading at $87,545 as of 9:35 a.m. on the 25th, up 1.09% from 24 hours ago.

Bitcoin once hit $88,000 in 18 days since the 7th of the previous day.

This is because investor sentiment has risen as President Donald Trump has suggested that some countries may be exempted or exempted from mutual tariffs.