What REALLY happened on Oct 10, 2025 $19 BILLION got liquidated in just 1 hour I analyzed all market data and internal Binance reports Here’s how Binance manipulated the entire market for $19B 👇🧵
October 10, Binance turned political noise into a tool of manipulation While the world was watching tariffs, the exchange was laying the groundwork for a crash What happened wasn’t a “black swan” - it was a staged trap And every step toward the dump was taken deliberately
Were tariffs the reason? - Yes, they gave an excuse Were tariffs the only reason? - No The main large-scale dump happened due to concentrated events on Binance: - Whale inflows - Stable-peg issues - Operational failures And while it looks like a system collapse, in reality,
Hours before the crash, Wintermute transferred $700 million to Binance Among them over $200 million in $BTC, removing liquidity from other exchanges Order books thinned and support walls disappeared For Binance, this was preparation and it was successful
Binance had prepared the ground for the attack in advance Days before the crash, it announced technical changes in key pairs This destabilized the market and pulled liquidity out of the order books Right at that moment - when the market was most vulnerable - the dump occurred
Then the manipulation via the Unified Account began This module allows Binance to change margin parameters in real time Through it, positions were artificially liquidated in: - USDe - wBETH - BNSOL USDe dropped to $0.65 only on Binance - on other exchanges it stayed above
The situation worsened with "technical glitches" that strangely played into the exchange’s hands Stop orders didn’t execute and limits simply froze in the system Only liquidations worked and even low-leverage traders lost everything This wasn’t a bug - it was a controlled
Within 24-48 hours before the dump, over $10 billion in stablecoins flowed into Binance Hot wallets were actively filled with USDT and USDC, increasing pressure And the main market makers - Wintermute and Jump - disappeared from the order books
Insiders weren’t idle either Bitcoin OG opened over $1.1 billion in $BTC and $ETH shorts two hours before the dump The last top-up came a minute before Trump’s statement The profit is estimated at $160-200 million Bitcoin OG is rumored to be closely tied to both Trump and CZ
Another proof is Binance’s behavior after the crash The exchange hastily paid out $283 million in compensation, admitting its responsibility It even postponed the oracle update to October 11 to quickly patch the hole That’s not how you act if it was a glitch - that’s how you
You won’t believe it, but Coinbase also played a key role It didn’t take part in the liquidations directly, but its actions amplified the effect Before the dump, it moved $BTC to hot wallets, preparing for sales This sharply increased pressure and became part of the crash
October 10 showed: centralized exchanges aren’t infrastructure, they’re weapons Binance and CZ used the market as a field for their own gain Liquidity manipulation, margin control and technical “errors” are no coincidence This is a systemic strategy that cost traders $19
Don't miss any of my future threads! Join my Telegram channel at: https://t.me/Pepesso_Alpha
Liked this thread? Here's what you can do: 🔹 Follow me @0xPepesso 🔹 Share it with your friends by jumping back to the top of the thread 👇 https://x.com/0xPepesso/status...
@0xPepesso Not just Binance. This was coordinated by all these Centralized shit exchanges. Binance. Kucoin. MEXC. Ect ect ect. Easy to find the whole gang. Just check their charts. If it went lower than Coinbase or most decentralized CEXes it’s a criminal. They all had the same wick.
@0xPepesso BOYCOTT BINANCE... BOYCOTT THE LOOTERS WHO LOOTED THE ENTIRE WORLDS CRYPTO COMMUNITY... once a felin cz, always a looter.
@0xPepesso He should be arrested and jailed for life.
@0xPepesso spread the word far and loud!
@0xPepesso Never trust a man with a "Widows Peak"
@0xPepesso wow
@0xPepesso When are all these criminals going to get the death penalty? Some people commuted suicide because of these animals.
@0xPepesso The man is feeling like a boy with his pockets full. 😂😂😂
@0xPepesso Eu faria esse acordo, continuem em futuros, precisamos de mais liquidez
@0xPepesso Totally scammer
@0xPepesso Good explanation! 🤝
@0xPepesso Binance and CZ = biggest scammers in the Industry..
@0xPepesso Kick #binance out of Crypto market!
@0xPepesso Return the funds to people unfairly liquidated. It’s that simple. You’re destroying trust in your platform and in the entire industry. @cz_binance @binance
@0xPepesso The crypto mafia needs to be regulated
@0xPepesso thanks for info
@0xPepesso Crime boss
@0xPepesso 800bill According to this
@0xPepesso The framing wont work.we aint boomrs watching tv
@0xPepesso @cz_binance what you think about this?
@0xPepesso Yup they see 75% of the cards
@0xPepesso And this behavior is legal and no authority cares?









