Upbit and Bithumb marked $BLAST as a heightened risk token on 2 October at 16:30 UTC, by that time the price had fallen by about a quarter

Upbit and Bithumb marked $BLAST as a heightened risk token on 2 October at 16:30 UTC, by that time the price had fallen by about a quarter

BLAST

The label does not prohibit trading, it warns Korean traders about risk. Likely background: on the same day the Blast team announced the shutdown of the L2, but the exchanges themselves did not name a reason in the notices. Buying the dip is risky, the label requires no action from you.

Facts

• Earlier that same day the Blast team announced the closure of the network: costs are above revenue, it sees no sustainable economy. Withdrawals will pause for about a week, the interface will close on 26 October. [@blast, 2 October 2026]

• The official Upbit channel published a notice assigning Blast the status of «거래 유의 종목» (trading caution) at 16:30 UTC. [@upbit_news, 2 October 2026]

• The same status from Bithumb at 16:30 UTC was relayed by the CEX Alerts aggregator. [@CexAlerts, 2 October 2026]

• On Upbit $BLAST is trading near $0.00031 on conversion and has lost about 27% since the start of the day in UTC.

• On Bybit spot $BLAST fell by about 25% per day, price near $0.00031. [exchanges, 2 October 2026]

Awaiting

• The exchanges did not name a reason in the visible text of the notices, the link to the network shutdown remains an inference.

• It is unclear whether delisting on the Korean exchanges will follow the warning.

post from telegram channel 업비트 Upbit 공식 텔레그램 · post from telegram channel КриптоАтака 24 ⚡️ · post from telegram channel CEX Alerts · post from telegram channel Korean Alpha EN