He Yi responds to the controversy surrounding "data modification": Binance uses mark prices to avoid extreme market conditions, and the execution process still needs to be polished.

Odaily Planet Daily reports that Binance co-founder He Yi responded to questions about data manipulation on the X platform, stating that Binance Futures utilizes a "mark price" mechanism—a weighted average of prices across multiple platforms, eliminating extreme prices. This prevents users from being unfairly liquidated due to price anomalies on a single platform. She noted that some platforms use their own proprietary prices as a reference, which can easily harm users during volatile market conditions. Binance's mark price system is designed for this very reason.

Regarding the rumor that the "K-line was modified", He Yi said that there was no motivation or benefit in this matter, and it was caused by the team members' erroneous operation. The only impact was that some historical orders obtained a small profit during the market vacuum period.

He Yi added: "With so many people, it's hard to lead a team. If you let the team go, you'll have to apologize and clean up your mess. Binance is still Binance, and the execution really needs to be polished again and again."