Binance Co-CEO Breaks Silence, Provides Insight On October 10 Liquidation Event

Binance is pushing back against claims that it pla

Binance Co-CEO Breaks Silence, Provides Insight On October 10 Liquidation Event

Binance Co-CEO Breaks Silence, Provides Insight On October 10 Liquidation Event

Binance is pushing back against claims that it played a central role in the massive liquidation wave that swept through crypto markets on October 10, an event widely described as the largest in the industry’s history. 

The daily chart shows BNB’s valuation trending downwards. Source: BNBUSDT on TradingView.com

At the time of writing, the exchange’s native token, BNB, is trading at $605. It has registered losses of 5% and 29% over the last seven and fourteen days, respectively. 

Featured image from OpenArt, chart from TradingView.com 

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