đš The crypto market just witnessed the largest liquidation âŹïž event in its history billion in leveraged positions wiped out, affecting more than 6,300 wallets on Hyperliquid.
The crash coincided with Trump's new 130% tariff on China and renewed export restrictions on software and Al chips sparking panic across risk assets. Bitcoin briefly dipped to $112K, erasing almost two weeks of gains.
Meanwhile, Binance co-founder Yi He said users with losses directly tied to the exchange can apply for compensation. All eyes now turn to Aethir's $69M token unlock on October 12, which could bring short-term volatility back into the market.
BTC
67,591.93
-0.85%