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10.10.2025 Crash proved that #Binance is a crime Cartel!
To somehow hide what they've done, they started to airdrop some $BNB to random users!
Here is the explanation what happened that day:
A $60–90M dump of USDe, wBETH, and BNSOL on Binance exploited a pricing flaw that valued collateral using Binance’s own order book instead of external oracles.
That triggered $500M–$1B in forced liquidations on Binance, rippled into $19B+ across global markets, and netted the attackers $192M from $1.1B BTC/ETH shorts opened on Hyperliquid — right before the Trump tariff news dropped.
It wasn’t a USDe failure.
It was a Binance pricing flaw, perfectly timed with a macro shock.
1) The Setup
- Binance’s Unified Account let users post USDe, wBETH, and BNSOL as collateral.
- Instead of oracle-based or redemption prices, Binance used its own spot market prices — a critical vulnerability.
- On Oct 6, Binance said it would switch to oracle pricing by Oct 14 — leaving an 8-day window wide open.
2) The Exploit
- During that gap, a coordinated group dumped ~$60–90M of USDe, pushing it down to $0.65 on Binance only (still $1 elsewhere).
- Because margin values were tied to those internal prices, this instantly nuked collateral value, triggering $500M–$1B in forced liquidations.
- Minutes later, Trump’s 100% China tariff headline hit — adding panic fuel to the fire.
3) The Profit Engine
- That same day, new wallets on Hyperliquid opened $1.1B in BTC/ETH shorts, funded by $110M USDC from Arbitrum-linked sources.
- As Binance liquidations cascaded, BTC and ETH collapsed — and those shorts banked $192M in profit before closing.
- Everything — timing, size, funding — screams coordination.
4) The Contagion
- Binance’s liquidations spilled BTC, ETH, and alts into thin liquidity.
- Cross-exchange bots mirrored the crash.
- Market makers hedged across venues were forced to unwind globally.
- Result: More than $19B+ in total liquidations.
Some alts dropped 99% in hours — all from < $100M of manipulated collateral.
After that crash they hired zachxbt lol
Fuck #Binance
Fuck CZ
Jail!
Rt this post!
2021: "WE WILL BECOME MILLIONAIRES"
2026: "JUST LET US BREAK EVEN
AND DISAPPEAR FROM #CRYPTO FOREVER PLEASE"
#ALTSEASON
THESE CHINESSE BASTARDS FROM #BINANCE SOLD US THE DREAM OF #ALTSEASON.
- WE BOUGHT THE BAGS.
- THEY GOT THE LIQUIDITY.
- WE GOT FUCKING FINANCIAL TRAUMA.
WHY THE FUCK WOULD EXCHANGES PUMP YOUR SHITCOINS WHILE ALTCOINS ARE GETTING FUCKING EXECUTED?
WE WAITED YEARS FOR #ALTSEASON JUST TO WATCH EXCHANGES TURN THE MARKET INTO A MEMECOIN CASINO.
IT'S OVER BRO
#ALTSEASON ENDED BEFORE I COULD CHANGE MY TWITTER BIO TO “INVESTOR.”
FUCKING UNBELIEVABLE.
IT'S OVER AGAIN
#ALTSEASON LASTED 3 HOURS.
TWO GREEN CANDLES ON 1 MINUTE TIMEFRAME AND WE THOUGHT WE WERE FUCKING MILLIONAIRES.
MY ALTCOINS HAVE SURVIVED FIVE YEARS OF DEVELOPMENT.
THE TEAM IS STILL BUILDING.
THE COMMUNITY IS STILL STRONG.
THE TOKEN PRICE IS STILL FUCKING DUMPING!
STABILITY!
#ALTSEASON
