Binance blamed the October 10 flash crash on a macro shock colliding with heavy leverage and evaporating liquidity, rather than on any breakdown in its trading systems driven by speculative chatter on social media. In a report released Saturday, the exchange said global markets were already under pressure following trade-war headlines when crypto markets cracked. Bitcoin and ether had rallied for months into early October, leaving traders heavily positioned and exposed. At the time, open interest across ...