$150 billion was liquidated from the crypto market in 2025, primarily affecting Bitcoin and Ethereum derivatives. This event, marked by $19 billion in single-day liquidations, resulted from high leverage and U.S. tariffs under President Trump.
Bitcoin and Ethereum derivatives faced a substantial liquidation, resulting in a Bitcoin Crash Triggers $150 Billion Liquidation in Crypto Market over October 10-11, 2025.
The event underscores significant market volatility, driven by the interplay of high-leverage trades and geopolitical tensions, affecting Bitcoin and Ethereum.
Bitcoin and Ethereum derivatives experienced a significant market downturn as derivatives liquidation reached unprecedented highs. Major exchanges such as Binance, OKX, Bybit, and Bitget facilitated these transactions, with their automated systems handling the liquidation events.
Involved parties included leading exchanges predominantly handling derivatives, with Binance taking the lead followed by OKX, Bybit, and Bitget. These platforms acted upon automated instructions to liquidate positions in response to market conditions.
The sudden drop led to a significant downturn in cryptocurrency prices, impacting investors and traders. Market confidence suffered, with notable effects on trading volumes and liquidity across major cryptocurrencies.
The financial landscape experienced a shift as leveraged positions unraveled, prompting risk repricing in the market. Regulatory frameworks remained silent, leaving traders to absorb the impact of the liquidity crunch.
Historical benchmarks indicate this event as a prominent marker in crypto market volatility, surpassing previous records. Regulatory and technological measures may evolve to address high-leverage practices, offering potential market stabilization in the future.


