XT BLOG

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

2026-01-31

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 hit.

Share Post
🔍
guide
Sign up for free and begin your crypto journey.