陈桂林
陈桂林|Nov 15, 2026 00:26
Initially, I saw some foreigners saying that this drop was deliberately orchestrated by Binance, claiming that Binance had been clearing out long position liquidity and then buying spot assets; these past two days, I've also seen this rumor circulating among Chinese investors. To be honest, I've criticized Binance quite a bit before. If you said Binance would occasionally manipulate the market over the weekend to clear out contract liquidity, I'd believe you, since many exchanges did that in the past. But this damn drop is clearly a spot market stampede, okay? What kind of liquidity do the long positions have left? Are the main sellers always the blind Americans? Coinbase has consistently traded at a negative premium, and ETFs have consistently seen net outflows. The reason? What reason? There's no damn reason. It's just because everyone else is falling! US stocks are falling, DAX is falling, gold is falling, why shouldn't the crypto market fall? I want to blame Binance, but if I blame Binance, will they actually compensate me? This kind of argument, besides being stupid, malicious, and a complete baby, what other benefit does it bring besides reaping some traffic? Right now, I just want to blame myself. I'm bad at trading, I was fooled by Bitcoin's fake strength, and I didn't move after the 81,000 line was reversed. But what can I do now that it's already happened? I think reflecting on my own actions is more beneficial than shifting the blame to unrelated people. Luckily, I was just bad at this, not stupid, and I didn't play contracts or use leverage against the trend; so I'm not completely wiped out. I'll just have to wait it out. @cz_binance @heyibinance You two tell me, did you really not do anything malicious?
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads