There is a lot of chatter about Binance solvency after the witdrawal pause(s) in the last couple days (supposedly software related) and of course the 10/10 issue. Wondering if this drop, like the FTX drop, is people withdrawing from Binance. This is the biggest drop since FTX. If so this could be quite the V recovery.
However there was already a gradual trend down (which could have made Binance a finance situation worse) and the stock market in general has been down this week so it could just be general discontent.
Thoughts on which it is?
Edited since people apparently think I was saying Binance was currently down.
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