Binance Updates Anthropic Token Mark Price to Prevent Liquidations

WHY IT MATTERS

When traders use leverage on a crypto exchange, they borrow funds to make larger bets. If the price moves against them too far, the exchange automatically closes their position — this is called liquidation. To decide when to liquidate, exchanges use something called a "mark price," which is like a fair reference price calculated from multiple sources, rather than just the last trade on that one exchange. Think of it like a teacher grading on a curve rather than one test score. If the mark price is not updated frequently or accurately enough, traders can be unfairly liquidated even when the real market price has not moved much. This story is about Binance adjusting how often it updates this reference price to better protect traders from unnecessary liquidations.