According to Mars Finance, Binance co-CEO He Yi responded on social media to comments made by the OKX CEO and the founder of Wintermute regarding the October 11th crypto flash crash: "The whale trading on Binance know better what happened when the tide went out and have more authority to speak on the facts. PS: I realized this morning that it wasn't a sunny day, and it must be because of Binance." Previously, OKX CEO Star stated, "The October 11th crypto flash crash was caused by Binance's irresponsible USDe wealth management activities." The founder of Wintermute stated, "The October 11th crypto flash crash was clearly not a 'software glitch,' and it's unwise to place all the blame on one exchange."
He Yi responded to Binance's accusations regarding the "1011 flash crash": Whale trading on Binance know better what happened when the tide went out and have more authority to speak on the facts.
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