Such a large fluctuation in paxg, no compensation
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Binance Announcement
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Latest Progress on Recent Market Volatility Explanation and User Protection Measures
This is a general announcement, and the products and services mentioned here may not be applicable to your region.
Dear Users:
From October 11, 2025, 04:50 to 06:00 (UTC+8), global macroeconomic events triggered extreme volatility in the market, leading both institutional investors and retail investors to engage in concentrated selling, which caused a significant collective decline in the cryptocurrency market during this period, exhibiting extreme market conditions.
1. Review of Market Volatility and Platform Performance
We have noticed that there are many speculations regarding the reasons for this event in the market, with some voices focusing on the Binance platform. Binance has conducted a comprehensive review of the relevant situation, and it can currently be confirmed that during the event, the core contract and spot matching engines and API trading of Binance maintained stable operation. According to data statistics, the amount of forced liquidations processed by Binance accounted for a normal low proportion of total trading volume, indicating that this volatility was mainly driven by the overall market trend.
Dear Users:
From October 11, 2025, 04:50 to 06:00 (UTC+8), global macroeconomic events triggered extreme volatility in the market, leading both institutional investors and retail investors to engage in concentrated selling, which caused a significant collective decline in the cryptocurrency market during this period, exhibiting extreme market conditions.
1. Review of Market Volatility and Platform Performance
We have noticed that there are many speculations regarding the reasons for this event in the market, with some voices focusing on the Binance platform. Binance has conducted a comprehensive review of the relevant situation, and it can currently be confirmed that during the event, the core contract and spot matching engines and API trading of Binance maintained stable operation. According to data statistics, the amount of forced liquidations processed by Binance accounted for a normal low proportion of total trading volume, indicating that this volatility was mainly driven by the overall market trend.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.