One year ago today: THE “1011” CRASH
On October 10–11, 2025, crypto saw one of its biggest liquidation events ever.
° Over $19 billion liquidated in 24 hours
° Bitcoin dropped ~12.7% in just 30 minutes
° Extreme price dislocations hit Binance (some tokens briefly near zero)
° Binance later paid ~$283 million in compensation to affected users
A reminder of how fast leverage can work against the market.
$BTC $BNB
On October 10–11, 2025, crypto saw one of its biggest liquidation events ever.
° Over $19 billion liquidated in 24 hours
° Bitcoin dropped ~12.7% in just 30 minutes
° Extreme price dislocations hit Binance (some tokens briefly near zero)
° Binance later paid ~$283 million in compensation to affected users
A reminder of how fast leverage can work against the market.
$BTC $BNB