The supplied posts report that crypto lost $40 billion in 24 hours, more than 213,000 traders were liquidated, and over $270 million was liquidated in one hour, 94% from longs, citing CoinGlass for the hourly figure. The posts do not provide a timestamped CoinGlass snapshot or enough detail to independently verify those totals (Coin Bureau, Conor Kenny).

The supplied posts report that crypto lost $40 billion in 24 hours, more than 213,000 traders were liquidated, and over $270 million was liquidated in one hour, 94% from longs, citing CoinGlass for the hourly figure. The posts do not provide a timestamped CoinGlass snapshot or enough detail to independently verify those totals (Coin Bureau, Conor Kenny).

Bitcoin’s dip below $80,000 was reported at 15:19 UTC on October 24 by Crypto Rover (post); by about 00:21 UTC on October 25, Binance quoted BTC at $80,792.14, with a 24-hour change of −0.046%.

The market-cap readings disagree: at about 00:20 UTC, CoinGecko reported a 3.09% 24-hour decline, while CoinMarketCap reported a 0.12% decline. Those readings do not independently confirm a $40 billion loss. The available contemporaneous sources do not establish a cause for the move.