Galaxy modifies its market analysis: removal of "exchange pricing error" attributed to extreme event 1011

2025-10-14 05:49:20

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PANews reported on October 14 that the OTC Trading platform Galaxy deleted a tweet analyzing the big dump in the crypto market yesterday, and then modified a sentence and reposted it today at noon. According to XHunt, this is the first time Galaxy's official Twitter has deleted a tweet since 2 years ago. The modified part concerns their inference regarding the cause of the extreme event on October 11. In the tweet before the modification, Galaxy stated that "one of the largest liquidation events in the history of the crypto world that occurred last Friday was caused by pricing errors from the exchange and sudden global macro shocks," while the modified tweet states that "one of the largest liquidation events in the history of the crypto world that occurred last Friday was triggered by sudden global macro shocks, leading to a series of chain liquidation reactions."

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