
The Kobeissi Letter|Oct 12, 2025 14:27
Binance Coin, BNB, the world's 4th largest cryptocurrency, is now UP +10% on the day.
It is now ABOVE the October 10th 4:00 PM ET high seen before the massive crypto liquidation.
The worst part?
This was all driven by the "whales" who shorted ahead of the liquidation and an apparent misunderstanding between China and the US.
Truly unfortunate.(The Kobeissi Letter)
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