BTC, CEX, and Liquidation: How a $19 Billion Crypto Crash Shook the Market
Understanding the $19 Billion Liquidation Event in the Crypto Market
The cryptocurrency market faced a historic $19 billion liquidation event on October 10-11, 2025, impacting over 1.6 million traders globally. This dramatic event saw Bitcoin (BTC) drop from $125,000 to $104,000 and Ethereum (ETH) fall below $3,600, exposing vulnerabilities in centralized exchanges (CEXs) and the dangers of high-leverage trading. In this article, we’ll analyze the key factors behind the crash, its market-wide implications, and actionable lessons for traders to navigate future volatility.
What Triggered the $19 Billion Liquidation Event?
Macroeconomic Shocks: A Catalyst for Chaos
The liquidation cascade was primarily triggered by a macroeconomic shock: the…
