PANews reported on November 29 that according to the official announcement, Binance Futures will automatically liquidate XEMUSDT, ORBSUSDT and LOOMUSDT U-margin perpetual contracts at 17:00 (ET on December 9, 2024), and will remove the above U-margin perpetual contract trading pairs after the liquidation. Users are advised to close their positions before stopping trading to avoid automatic liquidation of positions.