📉 Record $16B Long Wipeouts Rock Crypto Markets
2025-10-11Crypto markets see a record liquidation event with roughly $16 billion in leveraged long positions erased amid market turmoil, hitting bitcoin, ether and a broad set of altcoins. The wave of forced unwinds aligns with a wider Wall Street sell-off and triggers sharp volatility as exchanges process cascading margin calls and funding resets.
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