
Binance says USDe depeg began 16 minutes after bitcoin's low
- —Binance: BTC low at 21:20 UTC, depeg at 21:36 UTC
- —Binance report: 75% of the day's liquidations hit before 18:20 UTC
- —CZ called the accusations against Binance "far-fetched"
- —OKX: bitcoin fell first, leverage amplified the drop
Why it matters: The dispute over the causes of the Oct. 10, 2025 crash shapes who is held responsible for $19 billion in liquidations.
Source: TokenPost