#Binance recently experienced a significant market crash, with over $19 billion liquidated on October 10, 2025, due to a combination of macroeconomic shocks and internal system vulnerabilities.

#binancemarketcrash Key Factors Contributing to the Crash:*

#binance Macroeconomic Shocks*: Trump's announcement of 100% tariffs on China triggered a broader market downturn.

- *Internal System Vulnerabilities*: Binance's Unified Account margin system and flawed internal pricing models amplified the crisis.

- *Leverage and Liquidations*: High leverage and automated liquidations exacerbated the sell-off, with many traders facing significant losses.

*Affected Assets #BinanceMegadrop

- *BNB*: Dropped 9.55% due to an inverse cup pattern.

- *wBETH, BNSOL, and USDe*: Experienced significant price crashes, triggering mass liquidations.

- *XRP*: Saw a liquidity crunch, with Binance's XRP reserves plummeting to a historic low.

*Response and Compensation #binance

- Binance has announced compensation for affected users and is reviewing accounts individually.

- The exchange has shifted to using conversion-ratio pricing for wrapped assets and external market data for margin pricing ¹ ² ³.

The incident highlights concerns about exchange infrastructure, pricing integrity, and investor protection in the crypto market #crypto