Yesterday’s cryptocurrency market witnessed significant price fluctuations, notably impacting USDE, BNSOL, and WBETH tokens. Binance reports that these altcoins experienced severe depegs, causing a sharp decline in their prices. The USDE token deviated from its intended peg of $1 to settle at $0.6567, while BNSOL dropped to $34.9 and WBETH fell to $430.65. Binance subsequently released an official statement confirming the occurrence of forced liquidations impacting certain users’ positions due to these price deviations. The exchange initiated a comprehensive review process aimed at analyzing affected user data, liquidation details, and potential compensation measures. [Note: This is not investment advice.] Binance has also pledged to strengthen its risk management controls to mitigate similar incidents in the future.