TechFlow reported that Johnny Lyu, CEO of KuCoin, said on Twitter on September 5 that approximately $10 million worth of LEND tokens on the KuCoin platform are awaiting collection by dormant users, involving over 10,000 users. KuCoin originally launched LEND in 2017 but later delisted it due to low market liquidity and other issues. On September 1, KuCoin relisted LEND and reopened trading pairs LEND/USDT and LEND/BTC. Recently, some users logging into their KuCoin accounts found that their previously held LEND is now quoted at 0.56 USDT, representing an increase of over 165 times from its historical lowest price.
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