Elon also RT it

high risk gamble but apparently binances wallet deployed this a long time ago and someone just uncovered it. Definintely DYOR

0x86080eda257272192158305998386c6dd9106e38

https://x.com/0xFries7683/status/1976586763352322206

Binance post

Check this info in one video explaining how this is connected to binance wallet

0x86080eDA257272192158305998386C6dD9106e38

Starting to reverse

This wasn’t politics — it was a Binance system failure.

In the past few days, the media exploded with headlines:
“Bitcoin crashes over Trump tariffs.”
“Macro pressure hits crypto.”

But the real reason for the October 10–11 meltdown was something entirely different.

🧩 Step 1 — The Binance Glitch
From October 6 to 14, Binance changed how it calculates margin collateral.
It stopped using an average market price and switched to its own internal spot price.

For assets like USDe, wBETH, and BNSOL, that was critical.

When USDe’s price on Binance briefly dropped to $0.65 (while other exchanges stayed at $1.00), a $100K collateral position was suddenly valued at just $65K.

→ Thousands of positions were automatically liquidated.

🧩 Step 2 — The Trigger
Someone dumped $60–90 million worth of USDe directly on Binance.
Prices elsewhere held steady, but Binance’s price tanked — and the system started auto-selling BTC and ETH, accelerating the crash.

🧩 Step 3 — The Winners
One hour before it all unfolded, market maker Wintermute transferred $700 million to Binance and pulled its liquidity from the order books.

Meanwhile, $1.1 billion in shorts were already open on Hyperliquid, fully collateralized ahead of time.
When the liquidation wave hit, those positions earned about $192 million in profit.

Why everyone thought it was “macro”
The timing lined up perfectly with Trump’s 100% tariff announcement on China.
Journalists connected the dots — and that narrative conveniently hid the real mechanics behind the crash.

📈 In the end, less than $100 million in actual selling triggered over $20 billion in global liquidations.

Binance admitted the miscalculation and announced $283 million in compensation.

That might cover a fraction of the losses — but it won’t restore trust.

⚠️ The market just reminded us: even in 2025, it’s still mechanically vulnerable.

Stick with us — we’ll keep exposing what’s really driving these moves, without the noise or the panic.

dont leave me babe, gold started dumping, it will rotate to #Bitcoin $SOL $SPX

Red light therapy 😂

Bank of America backs 4% crypto allocation cap, ending adviser restrictions and adding Bitcoin ETF coverage: report — link

AsqUgpheAnX2k2LZLr2PDDWgDqT1M5qZcaV39onGpump

small cap gamble , Google just launched Project Genie and it’s all over the news
$Genie

Almost 10x :))