Manipulation of USDe, wBETH and BNSOL began around 21:14 UTC. You can zoom in on the minute chart of $SUI, $ATOM or any other altcoin and see the correlation. For people saying the depeg/manipulation happened after alts bottomed. Nonsense. You have to zoom in, this stuff

🕒 Updated Timeline (UTC / EST) 🔘 ~14:00 UTC (10:00 AM EST) BTC starts selling off well before any news. 🔘 16:50 UTC (12:50 PM EST) Trump posts on Truth Social announcing 100% tariffs on Chinese goods. This accelerates the sell-off, BTC falls sharply from ~$124K → ~$113K,

@ElonTrades Where did the $19b go?

@SolLunix The $19B figure represents notional wiped-out exposure (most of it paper value) but the real losses (hundreds of millions) were transferred from liquidated longs to shorts, market makers and exchanges.

@ElonTrades The timeliness doesn't quite add up on 2️⃣ The usde depeg didn't happen until after 5pm est when the tariff announcement was public. I'm not sure that really changes things but wanted to point it out

@jeff_schvey They hit after the news, yes, but that timing actually fits the thesis -> macro panic created the sell pressure, and the exploiters used that chaos to weaponize Binance’s pricing flaw once volatility peaked.

@ElonTrades Good story, but the problem is USDE and wbETH depegged much after the BTC lows were already in.

@DoctorDeFi That particular timing doesn’t disprove what I'm saying. BTC dropped on macro panic, the depegs hit right after, turning what could’ve been a normal rebound into a systemic liquidation cascade. Cause and amplifier, not either/or.

@ElonTrades is bybit flawed the same way?

@pugsandtrades @Bybit_Official do you guys have any assets used for collateral that are internally priced?

@ElonTrades Great insight

@JasonC007 Thanks Jason, hope it helps.

@ElonTrades WOW

@tony_tress Fuckin neat, isn't it?

@ElonTrades Only thing that doesn’t make sense is how could 1b could cause mass liquidations everywhere if we have had bigger liquidations that that before

@sirprimo_ Good question. it’s not the size of the liquidation, it’s where it started and how it spread. This wasn’t just $1B in normal futures wipes, it was Binance’s collateral system breaking, forcing systemic auto-liquidations across spot-margin, futures, and cross-collateral accounts

@ElonTrades Who uses USDe, wBETH, and BNSOL as collateral for futures tho?

@InnvaderC Mostly pro traders and market makers using cross-collateral setups and yield loops, not regular retail users.

@ElonTrades Thanks for great insight Does binance know who was the exploiter ? I mean an insider is likely ?

@kurono___kenshi Well the entity had insider info about the Trump tariff announcement because they opened the HL short minutes before. But Binance effectively telegraphed the vulnerability window. It confirmed that, until the update went live, collateral assets like wBETH and BNSOL were still

@ElonTrades Sure about it or a hypothesis?

@lord_proto Pretttyy positive.

@ElonTrades Unfollow every dumbass who can’t admit they were on the wrong side of the trade. GROW UP.. you are the problem with crypto. You think everything is manipulation because you can’t admit you were wrong

@ElonTrades So what Are you saying is that you can move Market -20% with one bilion in laverage and 100m in USD? Even Market is about 2 trillion? Please BS