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Crypto holder urges onchain self-custody to curb centralized exchange manipulation risks

Market News
15 Nov 2026, 13:18 WIB
Tokenpost
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Crypto holder urges onchain self-custody to curb centralized exchange manipulation risks

A crypto holder known as NMTD.HL urged users to move Bitcoin, Ether, and other assets onchain for self-custody to reduce centralized exchange (CEX) market manipulation. NMTD.HL alleged that CEXs might trade against their users using deposited tokens, profiting from liquidations and stop-loss triggers, which could pressure token prices long-term. The holder encouraged trading on decentralized platforms like Hyperliquid to limit CEX influence and improve industry liquidity. This call highlights ongoing concerns about CEX solvency and market fairness in the crypto space.

The Hyperliquid (HYPE) holder's call for self-custody to limit centralized exchange manipulation comes amid a broad downturn in major cryptocurrencies on Pluang. For readers following the crypto market, here is Pluang's snapshot as of Nov 15, 2026 17:41 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. Notable movers include NEO down 7.08% at Rp28.135 with a typical hold time of 97 days and 93% sell order activity, AXS down 6.81% at Rp12.430 with 63 days hold and 93% sell orders, and EGLD down 6.76% at Rp47.409 with a 99% buy order activity and 87 days typical hold time.

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