Friday’s Crypto Crash: The Viral Theory What Really Happened

A viral thread on X (1.1 million views) has put forward a forensic narrative for Friday’s crypto wipeout, arguing that what looked like a chaotic macro-driven capitulation was, in fact, a targeted ...

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Friday’s Crypto Crash: The Viral Theory What Really Happened

Source: Bitcoinist.com

A viral thread on X (1.1 million views) has put forward a forensic narrative for Friday’s crypto wipeout, arguing that what looked like a chaotic macro-driven capitulation was, in fact, a targeted exploitation of how Binance priced collateral inside its Unified Account. The author @ElonTrades frames the episode not as a stablecoin failure but as […]