On October 10, 2025, crypto markets suffered a record liquidation event, with more than $19.1 billion in leveraged positions reportedly wiped out. Cointelegraph’s post breaks that down as $16.69 billion in long positions and $2.46 billion in shorts, totaling $19.15 billion (WatcherGuru, Cointelegraph).

On October 10, 2025, crypto markets suffered a record liquidation event, with more than $19.1 billion in leveraged positions reportedly wiped out. Cointelegraph’s post breaks that down as $16.69 billion in long positions and $2.46 billion in shorts, totaling $19.15 billion (WatcherGuru, Cointelegraph).

A public Telegram recap published October 30 attributed the selloff to President Donald Trump’s announcement of 100% tariffs on Chinese technology imports, followed by a rapid market decline and cascading liquidations (recap).

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