Hyperliquid's CEO Challenges Binance on Liquidation Transparency

In light of recent market volatility, Hyperliquid's founder Jeff Yan has raised concerns about the transparency of centralized exchanges like Binance regarding liquidation data. Claims suggest that these platforms may be underreporting liquidation events, which could undermine trader trust and impact the cryptocurrency market's stability. This ongoing discussion emphasizes the critical need for reliable information in the crypto space.