BREAKING
120d 16h ago

Binance Co-Founder He Yi Apologizes for Trading Glitch Amid Market Volatility, Urges BNB Users to File Compensation Claims

BNB

BNB/USDT

$647.23
+1.19%
24h Volume

$689,589,079.15

24h H/L

$655.51 / $637.61

Change: $17.90 (2.81%)

Long/Short
72.8%
Long: 72.8%Short: 27.2%
Funding Rate

-0.0064%

Shorts pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$647.24

0.04%

Volume (24h): -

Resistance Levels
Resistance 3$771.4076
Resistance 2$715.455
Resistance 1$682.8102
Price$647.24
Support 1$630.8822
Support 2$570.06
Support 3$426.7514
Pivot (PP):$645.3833
Trend:Downtrend
RSI (14):26.5

Binance co-founder He Yi acknowledged that recent market volatility and elevated user traffic disrupted trade execution for some customers, and issued an apology. Users who believe they sustained losses attributable to platform issues are advised to contact customer support to file a case; Binance will review account activity and evaluate compensation on an individual basis. The statement clarified that losses stemming from general market movements or unrealized positions will not be eligible for reimbursement.

The message underscores Binance’s stance on accountability and operational transparency amid heightened trading volumes. Customers are reminded to consider investment risks, monitor order status closely, and report any anomalous order execution or settlement behavior to support for prompt analysis.

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