Binance Faces Outrage Amid Historic Liquidation

[chainsniff]

As markets reacted to President Trump’s tariff escalation, Binance users reported frozen accounts, failed stop-loss orders, and flash crashes that briefly sent coins like Enjin (ENJ) and Cosmos (ATOM) to near zero.

The exchange attributed the disruptions to “heavy market activity” but assured users funds are SAFU. Traders, however, accused Binance of market manipulation during one of the largest liquidation waves in crypto history.

#Binance #CryptoCrash #LiquidationEvent

[kelson10]

This could become one of the biggest liquidation events in Binance’s history. Risk controls clearly need improvement.

[Nahid10]

Many traders faced losses they couldn’t prevent. Binance must improve safeguards before confidence erodes further.