I've been monitoring the overnight market turbulence, and the combined Bitcoin, Ether, and XRP sellâoff erased roughly $1.5âŻbillion in leveraged positions. The rapid unwind highlights how fragile margin exposure remains đ.
I'm also tracking Binance's latest breach report, which uncovered additional vectors in the $6.3âŻbillion hack. Meanwhile, a hacker offâloaded an obscure 2017 token, sending its price down 90%, a stark reminder of onâchain risk đ.
On the corporate front, Strategy CFO Andrew...
$PEPE is up ~9.7% while the rest of the market bleeds đž
Binance spot, 20:00 KST:
âą PEPE 0.00000533, 24h range 0.00000431 to 0.00000568 (about +24% off the low)
âą ~$265M spot volume
âą $BTC 77,807 (-3.1%)
The interesting part is futures positioning:
âą Funding on 1000PEPE perps is negative (-0.0117%) even as price climbs, so shorts are paying longs
âą Account long/short ratio 2.44, top-trader position ratio 1.47, so the crowd is long but big accounts are far less one-sided
âą Open interest flat ar...
BREAKING: Asia's stock market wiped out more than $600,000,000,000 across eight markets today.
That brings October losses for Asian stocks to $3,600,000,000,000 at the monthâs final close.
tentative not exact figure
do not delist my post
If what happened to Binance had happened to any other exchange, your funds might have disappeared by now. Personally, the moment I heard the news, I didnât even flinch. This incident only demonstrates how resilient and transparent Binance is. No matter what happens, market prices may fluctuate, as they always do in response to news and events, but your funds, wallets, and keys remain protected.
This is Binance weâre talking about. Always remember that.
A huge thank you to the entire Binance te...