Camilo_98

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The Full Truth Behind the Binance Crisis October 2025 | Compensation of $283 million! What exactly happened? On Friday, October 10, 2025, around 11 PM Egyptian time (UTC 20:50), something unexpected occurred. The occurrence of a major global economic event (which we will not detail now) led numerous investment institutions and individual traders to collectively panic sell! The result? - Bitcoin plummeted significantly - Alternative currencies like Ethereum crashed - Even stablecoins like USDE were affected - The entire market fell into widespread panic. This crisis lasted from UTC 20:50 to 22:00, which is 1 hour and 10 minutes, but that was enough for thousands of accounts to be liquidated, and millions of dollars to disappear! *** ## Accusations Against Binance: Of course, as happens in any crisis, people began to look for a “scapegoat”... and Binance was the easiest target! People said: “It was Binance that caused the market to crash!” “The platform crashed during the crisis!” “The decoupling issue is the reason!” But the truth is completely different... *** ## The Whole Truth (with Evidence and Numbers) Binance released an official transparent statement containing all the details (October 12, 2025), and I will summarize it for you: ### 1 Binance's Core Systems Were Still Operating: The matching engine for futures and spot trading was running 100% Trading API was uninterrupted Binance’s liquidation rate was comparatively very low What is this? Is it referring to the total trading volume? What I mean is, the market crash was due to the overall situation, not because of Binance! ### 2 Minor Technical Issues That Occurred (They Acknowledged): After 21:18 UTC, minor technical issues occurred in the following areas: - Some platform units - Internal transfers had slight delays - Issues when redeeming Earn products Transparency is important: Binance did not hide anything; it acknowledged the minor mistakes! ### 3 Time Proves Innocence: 21:20-21:21 UTC: The market reached its lowest point (prices plummeted) 21:36 UTC: Serious decoupling issues began to appear Conclusion: The crash occurred 15 minutes before the decoupling issues! What I mean is, these issues were a result of the crash, not the cause of the crash! *** ## Legendary Compensation: $283 million! Here, Binance proved that it is indeed a responsible platform. $XRP

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