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The FLOW token recently caused a big stir — suddenly plummeting 45% overnight, which scared the Korean exchanges quite a bit. The Korea Digital Currency Exchange Association immediately issued a notice, announcing the suspension of FLOW deposits and withdrawals. Major exchanges like Upbit and Bithumb followed suit.
Speaking of FLOW, it was a star project in the last bull market. The parent company invested nearly $600 million to develop this chain and even positioned itself as the world's largest gaming public chain. With such a large funding background, it’s no wonder that the market experienced such intense volatility, prompting exchanges to take precautionary measures.