Crypto markets absorbed approximately $19 billion to $20 billion in forced liquidations within 24 hours on Oct. 10, marking the largest single-day deleveraging event on record. Hyperliquid processed more than $10 billion, while Binance …
Tag:
Cascade
Friday’s record $19 billion crypto market liquidation event has left traders divided, with some accusing market makers of a coordinated sell-off while analysts pointed to a more natural deleveraging cycle. Friday’s flash crash saw …