Binance Crash: Technical Failures or Market Volatility?
During the crypto market crash in October 2025, Binance - the largest cryptocurrency exchange - faced allegations from users that their stop-loss and limit orders did not function during the rapid price declines. Traders noted that while major pairs, such as ETHUSD, were plunging in line with the broader market, established assets experienced sharp, momentary distortions in price feeds across multiple exchanges. The Ripple price fluctuated significantly during the described crash, experiencing a maximum drawdown of roughly 40-45% from its pre-crash level.