Binance Bitcoin Analyst Reveals Crash Cause

A veteran Bitcoin analyst who bought in at $1 reveals the true cause of the October 10 crash, pointing to the Trump family, not Binance, as the catalyst.

Introduction to the October 10 Crash

The October 10, 2025, crypto market crash is one of the most debated events in the current cycle, with traders still split over what triggered the sudden collapse in price. Davinci Jeremie, one of the earliest known Bitcoin adopters, recently shared his take on what caused the crash.

Binance-Led Liquidations vs Trump Family Interests

Jeremie believes the Trump family’s financial interests provide a simpler explanation for the crash. “I think obviously the Trump family. It’s clear right now that the Trump family wants to push crypto down so that they can get as much as they want,” he said. In his view, wealthy participants approach markets differently, often thinking in long terms, unlike retail behavior which is dominated by short-term thinking.

Long-Term Thinking vs Short-Term Gains

According to Jeremie, large players operate on extended timelines, often spanning five to ten years, while retail investors look for quick gains or rapid wealth creation. This difference in approach can significantly impact market dynamics, especially during times of high volatility.

Debunking the Binance Theory

The October 2025 crypto crash saw over $19 billion in leveraged positions liquidated within 24 hours, with many pointing to Binance as the primary reason for the crash. However, Jeremie’s take stands in opposition to this explanation, highlighting the role of external factors such as the Trump family’s interests.

Key Takeaways

• The October 10, 2025, crypto market crash was caused by the Trump family’s financial interests, according to Davinci Jeremie.
• Wealthy participants approach markets with a long-term perspective, unlike retail investors who focus on short-term gains.
• The crash resulted in over $19 billion in leveraged positions being liquidated within 24 hours.
• External factors, such as political interests, can significantly impact crypto market dynamics.

Frequently Asked Questions

What triggered the October 10, 2025, crypto market crash?

According to Davinci Jeremie, the Trump family’s financial interests triggered the crash, not Binance-led liquidations.

How do wealthy participants approach crypto markets?

Wealthy participants approach markets with a long-term perspective, often thinking in terms of five to ten years, unlike retail investors who focus on short-term gains.