BNB Price Prediction As Binance Pays $283M In Compensation To Users Hit By Flash Crash Depegs
The BNB price has soared 17% in the last 24 hours to trade at $1,356 as of 4:00 a.m. EST on a 74% increase in the daily trading volume to $11.89 billion. That price surge comes as Binance prepares to pay $283 million in compensation to users affected by the Oct. 10 flash crash that caused several assets including Ethena’s USDe stablecoin, BNSOL, and WBETH to depeg. Market data shows that USDE, BNSOL, and WBETH experienced severe depegging events on Binance early today. USDE plunged to as low as $0.6567, BNSOL fell to $34.9, and WBETH dropped to $430.65 at the lowest point. Binance has responded to the incident, stating that the team is… pic.twitter.com/QLS6H1PfnH — Wu Blockchain (@WuBlockchain) October 11, 2025 Ethena’s USDe, intended to stay at $1, briefly fell below $0.66 on Binance, although its price remained steadier on other major venues. The main trigger appears to have been a rapid wave of liquidations, set off by macroeconomic news and pani...