HERE'S THE BIG QUESTION, how much did Binance PROFIT from this event?
Post
Ualifi Araújo
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THE TRUTH IS SIMPLER THAN IT SEEMS!
I wouldn't comment on this whole situation surrounding the CEO of OKX accusing CZ of collapsing the market, but there are a myriad of completely incorrect posts, and many people asking me about it, so... Let's look at the facts with impartiality...
We saw this week Star, CEO and founder of OKX, repeatedly stating in posts on X that the event of October 10, 2025, known as "10/10", with over $19 billion in liquidations, was NOT AN ACCIDENT, but rather a result of "irresponsible marketing campaigns by Binance." He highlighted the use of USDe (from Ethena) as collateral, high yields (12%+ APY in leverage loops) and the brief depeg on Binance as reasons, however, clearly things do not make sense, let's see:
We saw this week Star, CEO and founder of OKX, repeatedly stating in posts on X that the event of October 10, 2025, known as "10/10", with over $19 billion in liquidations, was NOT AN ACCIDENT, but rather a result of "irresponsible marketing campaigns by Binance." He highlighted the use of USDe (from Ethena) as collateral, high yields (12%+ APY in leverage loops) and the brief depeg on Binance as reasons, however, clearly things do not make sense, let's see:
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