Unverified claims of $3 trillion in global market losses circulate online

The figure of nearly $3 trillion in daily losses, which is actively spreading on the internet, remains unsubstantiated. The viral post claims a simultaneous collapse in prices for stocks, precious metals, and cryptocurrencies, with part of the losses in the crypto sector allegedly linked to a hack of the Binance exchange. Meanwhile, key details, such as the exact date of the events, the circumstances of the incident, and the sources of the statistics, have not been confirmed by official data.

Stock markets: absence of specific indices

The authors of the circulated message state that the capitalisation of the stock markets of the US, Japan, South Korea, Turkey, China, and Taiwan decreased by $1.7 trillion. However, the text does not specify which stock indices were taken into account, what the percentage drop was, or over which trading period the calculations were made. References to official exchange data or reliable sources for this estimate are also absent.

Metals and European stocks: undefined methodology

Separately, the post mentions that gold and silver lost a combined market value of approximately $1 trillion. European stocks are attributed a drop in capitalisation of roughly €58 billion in one day. However, specific quotes and the algorithm for calculating these sums are not provided, making it impossible to verify the cited indicators.

Cryptocurrencies and unconfirmed Binance hack

Another approximately $140 billion in losses, according to the authors, relates to the cryptocurrency market. They explain this dynamic by a possible attack on the Binance platform. Meanwhile, the provided text contains no official statement from exchange representatives, a description of the alleged attack, the amount of stolen funds, or information about affected users.

It is important to distinguish: the $140 billion in the message is described as a general decrease in the value of the crypto market, not as the sum of funds stolen from the exchange. There is no basis to present this figure as the size of assets stolen from the platform.

Impossibility of verifying the total sum

It remains unclear whether all the cited estimates refer to a single day and whether there is any overlap between the categories of assets accounted for. Without these clarifications, it is impossible to confirm the total loss of nearly $3 trillion. Thus, the circulated post contains a number of claims that require independent verification. The available information is insufficient to establish the actual scale of the market drop or link it to a possible incident at Binance.