CHESS Token Sees 7% Drop and 10M USDT Volume as Binance Delisting Spurs Volatility

Tranchess (CHESSUSDT) has experienced significant price volatility primarily due to upcoming exchange delistings, most notably Binance’s announcement to end CHESS spot trading on February 13 and requiring withdrawals by April 13. The price declined by 7.17% over the last 24 hours, attributed to heightened selling pressure as traders react to the delisting news and increased uncertainty regarding future liquidity. This follows earlier governance votes and similar delisting events on other platforms, which have further intensified volatility and accelerated trading activity. The current CHESSUSDT price on Binance is $0.00867 with a 24-hour volume of 10.27 million USDT, reflecting substantial movement as market participants adjust positions ahead of the delisting.