Binance BNB Crypto Trust Numbers Collide With FUD After 10/10 2025 Crash

Ben Graham · 6 horas atrás

It is hard being Binance. While the exchange remains the largest in the world by trading volume and user count, that dominance comes with a catch: with great power comes heavy scrutiny. Undoubtedly, Binance plays a critical role in the industry, enabling hundreds of millions to access and trade digital assets.

As of end of December 2025, the exchange said it has over 300M users. Yet, this milestone hasn’t shielded the exchange, or its founder, Changpeng Zhao (CZ), from being “slivered” by critics. While Binance remains the go-to platform for global users, fresh doubts about centralized exchanges (CEXs) have emerged in the wake of the 10/10 crash.

The journey never stops: 300 million users today, a billion ahead with @binance pic.twitter.com/YCvCRzBcb6

— Binance (@binance) December 8, 2025

Currently, BNB crypto is trading below $800. However, it remains in the top 5 by market cap and is a favorite for many investors. Meanwhile, Bitcoin remains volatile, dragging the broader market through its erratic price swings.

DISCOVER: Best Meme Coin ICOs to Invest in 2026

The 10/10 Crypto Crash

Crypto traders and holders won’t easily forget the 10/10 crash. And even if they do, it will take a long time. If anything, 10/10 was one of the largest liquidation events in its crypto history. On this day, over $16Bn in leveraged positions were wiped out, causing a massive flash crash that fundamentally changed crypto price action through Q4 2025.

(Source: Coinglass)

A mix of geopolitical news, extreme crypto leverage, and technical failures blamed mostly on Binance contributed to this meltdown. The initial trigger was a tweet from Donald Trump announcing 100% tariffs on all Chinese tech imports and new export controls. Because some of the best cryptos to buy were actually firm, rallying to fresh peaks less than a week earlier, the market was over-leveraged. This made the crypto market extremely highly sensitive to “risk-off” news.

The price drop, not only in Bitcoin, Solana, BNB crypto, and Polkadot, for example, triggered a mechanical “domino effect” that human traders couldn’t stop. Within the first five minutes, billions had been liquidated. By the end of it all, over 1.6M trading accounts were liquidated. Leveraged long positions accounted for over 80% of the wipeout. What’s worse? As prices fell, market makers reportedly pulled their liquidity to manage risk. Order book depth became thin, shrinking by over +90%. Thin order books allowed even small sell orders to cause massive price drops, worsening the situation.

Binance, being the largest crypto exchange, was partly blamed for this crash. Although the exchange’s core systems stayed online, they had to auto-liquidate trades. In some instances, system degradation caused some tokens, including USDe, to depeg.

No complexity. No accident.
10/10 was caused by irresponsible marketing campaigns by certain companies.

On October 10, tens of billions of dollars were liquidated. As CEO of OKX, we observed clearly that the crypto market’s microstructure fundamentally changed after that day.… pic.twitter.com/N1VlY4F7rt

— Star (@star_okx) January 31, 2026

Binance later compensated affected users with over $328M. They also launched a $400M recovery fund to support users who were liquidated during the crash but didn’t technically qualify for the “glitch” compensation.

DISCOVER: Best New Cryptocurrencies to Invest in 2026

Why Are People Questioning Binance Again? A BNB Crypto Supercycle Incoming?

The 10/10 backdrop matters because trust, not tech, drives survival when markets shake. Overall, exchange trust equals wallet safety. When fear spikes, users rush to platforms they believe will still work tomorrow. That makes Binance’s timing important. Crypto veterans know this cycle. A big crash hits, fear spreads, and old stories resurface. Binance sits at the center because it handles more trades than almost anyone else.

This concern grew after founder Changpeng Zhao stepped down following US legal issues in 2023–2024. Binance kept operating, but headlines never fully faded. That history feeds today’s anxiety. Regulators already track Binance alongside other major exchanges in US filings that measure crypto trading volatility. Coinbase even flagged Binance as a core competitor during turbulent periods in public filings tied to market stress.

Despite blame, 300M users mean traders keep coming and choosing Binance. That matters because liquidity follows people. More users create tighter prices and easier exits during panic. Beginners feel this as fewer scary price gaps when they hit “sell.” It also explains why Binance still appears in competitor disclosures during volatile months, including the October 2025 crash. Big exchanges absorb shocks better than thin ones.

Crypto is yet to reverse the October 10 dump, but Zhao is confident a super-cycle is right around the corner.

Supercycle TL:

– @cz_binance calling for supercycle up to 2 weeks ago, in both posts & numerous interviews

– 30th January, on @Binance Square says supercycle is cancelled as community is “fudding” him over 10/10

You can see the problem now. pic.twitter.com/4YQJc7KVFL

— $trong (@StrongHedge) February 1, 2026

If it happens, is this the right time to buy BNB crypto, top Solana meme coins, and even Bitcoin? If it doesn’t, will it be because Binance “placed” brakes? Recently, Zhao said he and the exchange keep getting “FUD-ed” because of the 10/10 crash.

DISCOVER:

Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis.

The post Binance BNB Crypto Trust Numbers Collide With FUD After 10/10 2025 Crash appeared first on 99Bitcoins.