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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