Binance CEO Richard Teng breaks down the ‘10/10’ nightmare that rocked crypto

Market Intelligence Analysis

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Binance CEO Richard Teng shared insights on the October 10 liquidation event, stating that all crypto exchanges experienced liquidations, highlighting the severity of the market downturn.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Every crypto exchange saw liquidations during the Oct. 10 liquidation event, Richard Teng told the crowd at CoinDesk's Consensus Hong Kong.

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Original article published by CoinDesk on February 12, 2026.
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