The crash didn't liquidate you. Your leverage did.
Oct 10, 2025: the median Binance altcoin wicked 68.3% lower in one evening.
By midnight UTC it was "only" -23.6%.
Trigger: Trump's 100% China tariff threat. CoinGlass: ~$19B liquidated in 24h, a record.
353 Binance spot alts vs. the 20:00 UTC open:
• 80% wicked 50%+ lower
• Just 2 stayed 50%+ down at midnight
• $SUI: -82.7% at the low, -19.6% by midnight
A 5x long dies on a ~20% drop. Even 3x (~-33%) breaks on ~90% of these spot lows. Perps use mark price, so venues varied.
Not a "just hold" story: the median coin still ended -23.6%.
If you use leverage on alts:
1. Isolated margin, sized so losing all of it costs 1-2% of your account
2. Stops aren't a cap: on thin pairs a stop-market can fill at the wick
3. Smaller size beats a tighter stop
Source: Binance Spot 1m, USDT pairs still listed.
Leverage on alts after this: NONE or SOME? Drop one word 👇
#Leverage #RiskManagement #TradingPsychology $SUI
Not financial advice.
Oct 10, 2025: the median Binance altcoin wicked 68.3% lower in one evening.
By midnight UTC it was "only" -23.6%.
Trigger: Trump's 100% China tariff threat. CoinGlass: ~$19B liquidated in 24h, a record.
353 Binance spot alts vs. the 20:00 UTC open:
• 80% wicked 50%+ lower
• Just 2 stayed 50%+ down at midnight
• $SUI: -82.7% at the low, -19.6% by midnight
A 5x long dies on a ~20% drop. Even 3x (~-33%) breaks on ~90% of these spot lows. Perps use mark price, so venues varied.
Not a "just hold" story: the median coin still ended -23.6%.
If you use leverage on alts:
1. Isolated margin, sized so losing all of it costs 1-2% of your account
2. Stops aren't a cap: on thin pairs a stop-market can fill at the wick
3. Smaller size beats a tighter stop
Source: Binance Spot 1m, USDT pairs still listed.
Leverage on alts after this: NONE or SOME? Drop one word 👇
#Leverage #RiskManagement #TradingPsychology $SUI
Not financial advice.
