2026

$BTC Explosion! CZ firmly responds to market doubts, angrily denying that Binance triggered the October crypto crash!\n\nIn the face of the forced liquidation storm that swept $19 billion in October, Binance founder Zhao Changpeng (CZ) recently responded strongly, pointing out that the claim that "Binance caused the crash" is "purely far-fetched and has no evidence!"\n\nCZ bluntly stated that simply blaming a single exchange for the massive market turbulence is a complete misunderstanding of the complex market structure. He emphasized that the price collapse was the result of multiple overlapping shocks: high leverage positions clustered, liquidity instantly frozen, and a cliff-like reversal in market sentiment—definitely not the actions of a single platform behind the scenes!\n\nIn response to users' complaints about price discrepancies and system lag, CZ also admitted candidly: in extreme market conditions, the platform did face technical pressure, but this is absolutely not evidence of "market manipulation!" To this end, Binance has already set aside $600 million to compensate affected users, absorbing the losses from abnormal trading and system failures.\n\nHe further pointed out a key issue: forced liquidation is essentially the "built-in bomb" of leveraged trading. When a massive number of high-leverage positions simultaneously trigger risk control, even the largest platforms cannot withstand the chain reaction. He called on the market not to keep clutching onto the "single scapegoat" after fluctuations, but to rationally face the essence of risk management!\n\nClearly, CZ's response shifts the focus from emotional accusations back to market risk itself, while making it clear: we acknowledge system issues and compensation, but Binance will not take the blame for the overall market decline! #BTC何时反弹？ #币安比特币SAFU基金