BNB Appears to Reach Record $1,370 as Token Outperforms Amid $19B Liquidations and Binance Criticism

• BNB hit $1,370 per CoinMarketCap data, outperforming the broader market

• Roughly $19 billion in forced liquidations occurred over the weekend, driving volatility

• Binance reports $283 million paid to affected users; market-maker flows and CEX reporting practices noted

BNB all-time high: BNB hit $1,370 after $19B in liquidations; read COINOTAG’s concise analysis and what traders and exchange execs are saying — latest updates now.

Published: 2025-10-13 | Updated: 2025-10-13 | Author: COINOTAG

What is BNB’s new all-time high?

BNB all-time high refers to the new peak price of the Binance ecosystem token, which reached $1,370 according to CoinMarketCap data. The rise occurred amid a volatile weekend that saw approximately $19 billion in forced liquidations across exchanges, with BNB outperforming many major assets during the rebound.

Did Binance outages and platform issues cause the weekend liquidations?

Binance users reported temporary system lags during the crash and some traders said they could not exit futures positions. Binance co‑founder Yi He responded that core systems remained stable and that forced liquidations processed by the platform were at a proportionally low level relative to total trading volume. Independent commentators warned that CEX reporting can undercount burst liquidations, and market observers pointed to large market‑maker flows in the hours before the crash.

Data points to consider: CoinMarketCap price feeds recorded BNB at $1,370. Platform announcements show Binance distributed $283 million in compensation to users affected by specific glitches. Industry analysts and participant posts named large transfers and execution behavior as drivers; for example, a major market maker reportedly moved about $700 million in Bitcoin to Binance hours before the sell‑off.

BNB/USD, 7-day chart. Source: CoinMarketCap.com

Frequently Asked Questions

How much was liquidated during the crash and who reported the numbers?

Approximately $19 billion in forced liquidations were reported across exchanges over the weekend, as aggregated by market data services and public trader reports. Exchanges and third‑party trackers provided the totals; analysts cautioned that burst liquidation reporting practices can understate true execution counts.

How did Binance respond to user complaints about being unable to close positions?

Binance acknowledged brief lags in some modules but stated that core contracts, spot matching engines and trading APIs remained operational. The company announced a $283 million compensation package for users affected by specific platform issues and defended its overall execution metrics publicly.

Key Developments and Analysis

The market move combined multiple observable factors rather than a single confirmed cause. Key elements include:

• Large transfers and market‑maker activity: Public analyst threads flagged a ~ $700 million Bitcoin transfer to Binance shortly before the sell‑off, which coincided with rapid liquidation velocity.
• Exchange reporting and execution dynamics: Industry voices allege that some centralized exchanges may underreport burst liquidations, meaning headline counts of liquidation orders can understate execution intensity.
• Macro and TradFi linkages: Some market participants linked the 2025 volatility to TradFi events and policy moves that amplified selling pressure across crypto markets.

Source: Jeff Yan

What are prominent voices saying?

Trader posts and executives provided contrasting views. A retail trader wrote publicly that exchange lags prevented position exits during the crash. Jeff Yan, CEO and co‑founder of Hyperliquid, warned that some CEXs can dramatically undercount liquidation events. Binance leadership, including co‑founder Yi He, denied systemic failures and attributed the move to broader market conditions while detailing compensation measures.

Source: Merlijn The Trader

Frequently Asked Questions (continued)

Will BNB’s new all-time high change investor sentiment?

BNB’s new peak at $1,370 indicates strong demand for exchange‑native tokens in the rebound phase, but sentiment impacts depend on follow‑through liquidity and regulatory developments. Short‑term volatility remains elevated after a major liquidation event.

Is there evidence of market manipulation?

Public data shows large transfers and correlated selling patterns. Market observers have highlighted these flows, but conclusive evidence of manipulation requires in‑depth on‑chain tracing and exchange order‑book data audits, which are not publicly available in full.

Key Takeaways

• BNB’s performance: BNB reached $1,370, outperforming many assets during the rebound; this reflects concentrated buying in the token following a broad sell‑off.
• Liquidation scale: Roughly $19 billion in forced liquidations occurred over the weekend, amplifying volatility and testing exchange infrastructure.
• Exchange response and transparency: Binance announced $283 million in user compensation and denied systemic failure; industry experts emphasize the need for clearer liquidation reporting and data transparency.

Conclusion

The BNB all-time high at $1,370 occurred in a turbulent market environment shaped by mass liquidations, significant market‑maker flows, and contested accounts of exchange performance. COINOTAG will continue monitoring official exchange statements, CoinMarketCap pricing feeds, and on‑chain transfer data to report verified developments and regulatory or market‑structure responses. Read our updates for verified details and follow subsequent disclosures by exchange operators and market participants.