What I Wish I Knew Before I Got Into Crypto

Every trader who has seen a sudden price crash without any major news has asked: who is behind this, and why now? The truth is that markets often fall not because of bad news, but because of how traders behave—and large players like Binance know how to use that behavior.

Before the launch of Solana ETFs in October 2025, the market was filled with optimism. Thousands of traders opened long positions with high leverage—10x, 25x, 50x, even 100x. It looked like an easy path to profit, but in reality, it created the perfect setup for manipulation.

When most traders open high-leverage longs, the chart becomes full of liquidation zones—points where the exchange automatically closes positions if the price drops slightly. For example, if SOL trades at £190, a 50x long might get liquidated near £187. Multiply that by thousands of traders, and you get a powder keg.

Binance and its market makers have full visibility into where those liquidations sit. They don’t need to change the chart directly—they just need to apply pressure. A few coordinated sell orders start pushing the price down, triggering the first liquidations. Those forced sales push the price even lower, causing a chain reaction known as a liquidation cascade. When the dust settles and panic sets in, the same market makers quietly buy the token back at much lower prices.

Long traders lose their capital, Binance collects fees and funding payments, and market makers acquire cheap Solana. This isn’t a conspiracy; it’s simply how the system is designed. Exchanges profit from volatility, not stability.

There are clear signs that such a setup is forming. A sharply positive funding rate means too many traders are long. Rising open interest while the price stagnates means leverage is building up. Large clusters of liquidations visible on Coinglass or similar tools confirm where the next move will likely target.

When everyone is buying, the market tends to fall. When everyone is scared, it often starts to rise. This isn’t magic—it’s liquidity management. Binance doesn’t destroy markets; it steers them by using predictable human behavior as fuel.

When everyone sees only growth, expect a shakeout. When everyone is afraid, accumulation has already begun.

Written by Marta | Crypto Analysis & Market Psychology