Binance: Trust Deficit Extends Crypto Bear Market

Binance transparency failures turned the October 11 dip into a whale liquidation events bloodbath that erased major positions and left BTC traders wary of weekend statements, according to former CFO Wei quoted by Hyperliquid Daily. Rebuilding market confidence after such governance lapses requires years, not days, as short-term corporate priorities continue to undermine long-term industry health.