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CoinDesk (EN)· 2026. 1. 31. AM 8:50:54

Binance pins crypto's worst-ever liquidation day on macro risks, not exchange failure

Binance pins crypto's worst-ever liquidation day on macro risks, not exchange failure

Binance says October 10’s crypto flash crash was driven by a macro risk-off shock, cascading liquidations, and thin liquidity, while acknowledging two platform-specific issues that occurred after most losses had already been incurred…

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