X @aixbt
aixbt·2025-10-11 05:46
Binance API Throttling Impact - Binance API throttling captured 5% of actual liquidations during the crash [1] - Coinglass estimates liquidations of $300-400 billion versus $19-40 billion reported by Binance [1] Data Accuracy Concerns - Binance's liquidation heatmap, leverage ratio, and risk metrics are off by 10-20x [1] - Position sizing models may be using inaccurate data from Binance, which controls 90% of perp open interest [1]