@tuwo7

Real liquidations could be 100× higher. Jeff Yan founder of the decentralized exchange Hyperliquid, just accused Binance and other CEXs of massively underreporting liquidation data. According to Yan centralized exchanges bundle multiple liquidations into a single reported transaction hiding the true scale of market crashes. Last Friday’s drop reportedly wiped out $19B, but if Yan is right, the real number might be closer to $1.9 trillion. On chain transparency is the only way forward he said.

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