Tag Archives: October 10 liquidation event

Engine Stalled: How The $8 Billion ‘October Shock’ Left Bitcoin’s Spot Market In A Liquidity Trap

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Bitcoin is finding near-term relief after a sharp rebound toward the $70,000 level, offering temporary optimism following weeks of sustained pressure. The move has improved short-term momentum and eased immediate downside risk. However, the broader market remains characterized by indecision, as many analysts argue that this advance may represent a relief rally within a larger… Continue reading Engine Stalled: How The $8 Billion ‘October Shock’ Left Bitcoin’s Spot Market In A Liquidity Trap→

Binance Co-CEO Breaks Silence, Provides Insight On October 10 Liquidation Event

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Binance is pushing back against claims that it played a central role in the massive liquidation wave that swept through crypto markets on October 10, an event widely described as the largest in the industry’s history.  In the aftermath of roughly $19 billion in wiped‑out positions, some market participants accused the exchange of manipulating prices… Continue reading Binance Co-CEO Breaks Silence, Provides Insight On October 10 Liquidation Event→