🔎 RESEARCH: New orderbook data reveals what really happened on Oct 10, when more than $19B was wiped out in crypto’s largest liquidation event. Binance relied on its internal pricing to value USDE, bnSOL, and wBETH collateral instead of external oracles, raising serious risk concerns.

🔎  RESEARCH: New orderbook data reveals what really happened on Oct 10, when more than $19B was wiped out in crypto’s largest liquidation event.

Binance relied on its internal pricing to value USDE, bnSOL, and wBETH collateral instead of external oracles, raising serious risk concerns.

— Cointelegraph (@Cointelegraph) Oct 15, 2025