$解:①如图①, EF//AB$
$所以\frac {EF}{AB}=\frac {CI}{CD}$
$AB=\sqrt{8²+6²}= 10, CD=\frac {8×6}{10}= 4.8$
$设正方形边长为:x\ \mathrm {cm} ,$
$\frac {x}{10}=\frac {4.8}{4}-8,$
$解得x= \frac {120}{37}$
$②如图②,可得△AED∽△DFB∽△ACB$
$设正方形边长为n\ \mathrm {cm}$
$则AD=\frac {5}{3}n,BD=\frac {5}{4}n$
$AB=\frac {5}{3}n+\frac {5}{4}n=10$
$解得n=\frac {24}{7}$
$\frac {120}{37}≈3.2;\frac {24}{7}≈3.4$
$所以\frac {24}{7}>\frac {120}{37}$
$所以图②中正方形即为所求,边长为\frac {24}{7}$