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Beldex drops 30% in single day after months of extreme price stability
- Beldex (BDX-USD) experienced a significant single-day decline of 30.13% on June 11 to close at $0.05528.
- The drop represents a 30-sigma event — a move 30 times larger than typical daily price swings — given its extremely low volatility over the prior 90 days.
- The sudden selloff was accompanied by a 68.2% surge in daily trading volume, which reached $142.60 million.
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Conclusion
BDX-USD price fell from $0.07911871 on June 10 to $0.05528387 on June 11. Over the prior 90 days (March 13 to June 10), Beldex's daily returns had a mean of -0.018% and an exceptionally low standard deviation of 0.98%, making a 30% drop mathematically extraordinary relative to recent trading patterns. Volume on June 11 rose to $142,604,645.38 from $84,783,179.95.