AIA Plunges Over 40% as Binance Delists AIAUSDT Perpetual Contracts and Performs Automatic Settlement
According to market data on December 11, AIA faced a pronounced pullback following its delisting from Binance Futures, with the token sliding more than 40% to around $0.152. The development underscores liquidity shifts as exchange actions affect pricing for thinly traded assets. Binance had announced the closure of all AIAUSDT perpetual contracts on December 11 at 20:15, followed by automatic settlement. Once settlement completes, the contract is expected to be delisted from the platform, reducing ongoing trading avenues for AIAUSDT. Market participants should monitor settlement activity and any resulting price adjustments as the residual exposure transitions away from the derivatives market. This note reflects ongoing crypto market dynamics and the impact of exchange-level delistings on token liquidity.