OCTOBER 10, 2025 — $19 BILLION LIQUIDATION SHOCK

In just 24 hours, over $19B in leveraged positions were wiped out — the largest single-day liquidation in crypto history.

📉 $6.93B liquidated in 40 minutes

⚡ $3.21B erased in ONE minute

🔻 BTC -14.5% | ETH -12.2% | SOL -40%

💸 ~$350B market cap vanished

👥 1.6M+ accounts liquidated

This wasn’t another FTX.

It was a mechanical leverage unwind triggered by a macro shock — Trump’s 100% China tariff announcement — amplified by record leverage.

4 months later:

• Liquidity remains thin

• Open interest below highs

• Memecoins fell from $80B → $47B

• Debate continues over USDe’s role

The industry still doesn’t agree on what truly broke the system.

#Bitcoin #CryptoCrash #Liquidation #Leverage #BTC #Ethereum #Solana #Memecoins #CryptoMarket #Trading #Macro #USDe