X @Wu Blockchain

Binance said the October 10, 2025 crypto market flash crash was a market wide, macro driven event, driven by elevated leverage, liquidity contraction during extreme volatility, and network congestion, while its core trading, risk management, and clearing systems remained fully operational throughout the market turmoil. The exchange acknowledged two isolated platform incidents but said they occurred after most deleveraging had already taken place, did not drive the market dislocation, and that affected users ...