Binance is mired in the "Candlestick Restoration Gate"! The "drop to zero Candlestick has been erased" for the ATOM/USDT trading pair, and the community says trust has also dropped to zero.

The cryptocurrency exchange Binance is embroiled in the “K-line repair gate” incident! On October 11, the price of the ATOM/USDT trading pair briefly showed a drop to zero, and the community pointed out that it was quietly modified by Binance… (Background: Dragonfly partner: USDe has not depegged, the problem lies with Binance) (Context: He Yi apologizes! Binance promises to compensate victims of the market anomaly, why is the community still furious?) The cryptocurrency exchange Binance is currently (14) deep in the “K-line repair gate” incident! This turmoil originated during the massive crash of the cryptocurrency market on October 11, when the K-line data of the ATOM/USDT trading pair on the Binance platform briefly went to zero, showing a price as low as 0.01 USD or even lower, causing leveraged users to suffer massive losses. However, today, the crypto community shared screenshots and trading records flooding social platforms, with many pointing out that Binance had quietly adjusted the historical K-line data of the ATOM/USDT trading pair, changing the lowest price from 0.01 USD to 1.54 USD, and the trading volume curve also became smoother, seemingly just a normal pullback. In response, the crypto community is furious, continually questioning and attacking Binance's transparency, with many users initiating rights protection discussions on social platforms, accusing Binance of manipulating data to evade responsibility. The community shows Binance customer service's response: Just a price correction This matter is not over; some users posted screenshots of their communication with Binance customer service, stating that Binance customer service initially denied adjusting the K-line price, but later changed their statement to “price correction,” emphasizing that this was a routine operation to correct abnormal fluctuations. However, this response did not quell the community's anger, as the community accused Binance of deliberately erasing history, completely ignoring the voices and demands of the community… Notably, crypto KOL @_FORAB pointed out later today that current longer data shows that Binance has reverted the K-line data back to show the data as displayed on October 11. It has been confirmed that multiple token K-line charts on the Binance main site, which were modified due to extreme market events, have just been restored for display. Users from different IPs, whether on Apple, Android, or web platforms, have confirmed that the original K-line data reflecting the real market is now displayed again. pic.twitter.com/ciXrxh38LD — AB Kuai.Dong (@_FORAB) October 14, 2025 Continuous FUD from Binance It is worth mentioning that besides the K-line adjustment, Binance is also facing continuous community FUD due to the following events: First, Binance actively promotes the meme coin craze on BNB Chain, such as the “Meme Rush” platform launched in early October, alongside Alpha's encouragement for investors to mine on BSC, which has led the community to question the platform's role as both referee and player, leading to the speculation of worthless and highly volatile meme coins, posing significant investment risks for retail investors. Secondly, after the crash on October 11, the community questioned the authenticity of the liquidation data provided by Binance. For example, Hyperliquid founder Jeff publicly questioned on the X platform that many CEXs underreported user liquidation data. Hyperliquid’s fully onchain liquidations cannot be compared with underreported CEX liquidations Hyperliquid is a blockchain where every order, trade, and liquidation happens onchain. Anyone can permissionlessly verify the chain’s execution, including all liquidations and their… pic.twitter.com/K5sv74LJgO — jeff.hl (@chameleon_jeff) October 13, 2025 Related reports Is Binance's liquidation black swan operator? Who is the mysterious whale Garrett Jin? The largest liquidation day in cryptocurrency history recorded! Some altcoins briefly dropped to zero, who is targeting Binance and market makers? Binance releases “USDE, BNSOL, WBETH depeg” compensation plan, simultaneously conducting risk control and optimization upgrades <Binance deep in the 'K-line repair gate'! ATOM/USDT trading pair 'zero K-line erased', community calls for trust has also dropped to zero> This article was first published on BlockTempo, the most influential blockchain news media.