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He Yi responded to the question of "modifying the K-line data": the marked price of Binance is designed to avoid extreme prices on a single platform

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2025-10-15 01:33:45
In response to the "data modification" issue on the X platform, He Yi said: "If you have traded on Binance and can compare the liquidation price of the same project, the Binance contract takes the marked price, that is, the weighted average price of multiple platforms after excluding extreme prices, and you are welcome to verify it yourself. In history, some platforms have taken their own prices, and users can easily be pulled up and down by the spot, and they will also think that the platform has done evil; so one of the innovations of Binance contracts is to take the marked price to liquidate the position to avoid the extreme price of a single platform. There is no motive or reason for the K-line issue. It is entirely because some people in the team think that the announcement has been explained clearly. The only impact is that except when the market is vacuum, a user made these tens of dollars from historical pending orders a few years ago."
In addition, He Yi also responded to a community user's question "why the K line should be changed". She said: "There are too many people, and it is difficult to lead the team. If you let go of the team, you have to come out and apologize and wipe your butt. Binance is still the same Binance, and the execution really needs to be polished and polished."
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