The biggest liquidation in crypto history. đ
Nearly $20 billion erased in 24 hours.
Hereâs how the bloodbath unfolded đ
đ Friday Night â The Calm Before the Storm
U.S. markets: closed.
ETF inflows: zero.
Institutions: asleep.
Europe: offline.
China: not yet awake.
Global desk: silent.
Then, 10:00 PM ET â the silence shattered. âĄ
đșđž The Trigger: Trumpâs Post
A single message from President Donald Trump hit social media:
â100% tariffs on all Chinese tech imports starting November 1.â
đą The signal was clear â
The trade war was back.
Total. Unforgiving.
Within minutes, Bitcoin started bleeding.
Ethereum followed.
Overleveraged altcoins began falling like dominoes. đ©ž
đ The Hidden Hands Move
This wasnât panic â it was precision.
Whales had been waiting.
Quietly shorting illiquid alts, stacking leverage in the shadows.
Trumpâs post was just the spark.
The setup had been built long before. đ„
đ„ By Midnight â Carnage Everywhere
đ $7B in positions gone.
đ„ Exchanges like Bybit, Hyperliquid, Binance reported cascading failures.
â ïž Stop-losses didnât trigger.
đ Traders watched entire portfolios vanish â in seconds.
Bitcoin: $126K â $102K
Ethereum: below $3.5K
Solana, XRP, Doge â obliterated.
1.6M+ traders liquidated.
Total Damage: $19.38B đž
đȘïž Liquidity Died. Confidence Followed.
Market makers vanished.
Within six hours â $0.84T gone from global crypto market cap.
Analysts called it a âCrypto Cleanse.â
Others â a âCoordinated Kill.â
Was it geopolitics, or did exchanges fail their users? đ€
Crypto.comâs CEO demanded answers.
Binance admitted system errors.
Confidence shattered.
đ When Asia Woke Up â Chaos Ruled
Rare earths, semiconductors, AI-linked tokens â all tanked.
The trade war bled straight into digital assets.
Yet from the wreckage came a message:
đ„ This Wasnât the End â It Was a Reset
A brutal purge.
A reminder that leverage cuts both ways. âïž
đ©ž October 10, 2025 â
The day $20B disappeared.
