The October 10 crypto crash exposed the ugliest side of leverage. As the market cracked, around $19B in liquidations swept across crypto and erased the illusion of controlled risk. Market anger quickly turned into accusations surrounding Binance, as its role in shaping the broader setup came under fire. The real issue, though, in our theory, was a market already overstretched, where once key levels broke, liquidations started feeding liquidations. That is precisely the market failure Lora Fina