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COINOTAG reported on October 11 that crypto influencer and Primitive Ventures co‑founder Dovey Wan posted on social media raising the possibility of a large institutional liquidation event connected to activity on Binance. Her commentary was framed as speculation and has not been corroborated by on‑chain or exchange official statements, so market participants should treat it as an unverified hypothesis rather than confirmed causation.
Market data shows the USDe price on Binance briefly traded near 0.6 while prices on other venues stayed comparatively stable, and analysts have noted a measurable divergence in volatility between tokens listed on Binance versus those that are not. Further analysis of order books, cross‑margin usage and on‑chain flows is required to attribute the move definitively; traders are advised to monitor exchange liquidity and official exchange disclosures for confirmation.
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