🚨 OKX CEO @star_okx criticizes Binance @binance as the main cause of the crypto market crash 10/10
🌪 The "flash crash" event on October 10, 2025, resulted in the liquidation of tens of billions of dollars and created long-lasting negative repercussions.
🔹 OKX CEO Star Xu believes this crash caused serious damage and targeted short-term growth-oriented behavior, high APY advertising, and systemic risks from Binance, which burdened the market, although he did not name names.
🔹 The community and some leaders, such as Cathie Wood (ARK Invest), also criticized Binance's "software error/asset segregation" that exacerbated the liquidation.
📉 This event is XEM the main reason why the crypto market subsequently remained weak and lost its recovery momentum.
#Crypto #Binance OKX #marketcrash
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