THROWBACK: 10/10, Crypto's Biggest Liquidation Day
Two days from now, it'll be one year since Oct 10, 2025, when a sudden US-China tariff shock set off the largest liquidation event on record. More than $19.1B in leveraged positions was wiped out in 24 hours, hitting about 1.6M traders (CoinGlass data). On Binance, $BTC fell from a $122,550 high to a $102,000 wick that day, only four days after topping $126,199. The lesson: leverage cuts both ways
Were you trading that night?
#Bitcoin #ThrowbackThursday #RiskManagement
Two days from now, it'll be one year since Oct 10, 2025, when a sudden US-China tariff shock set off the largest liquidation event on record. More than $19.1B in leveraged positions was wiped out in 24 hours, hitting about 1.6M traders (CoinGlass data). On Binance, $BTC fell from a $122,550 high to a $102,000 wick that day, only four days after topping $126,199. The lesson: leverage cuts both ways
Were you trading that night?
#Bitcoin #ThrowbackThursday #RiskManagement