Inside Crypto’s Largest Liquidation Ever $19B Gone in Hours on Oct 2025
TL;DR A US-China trade war dispute triggered a record-breaking $19.33 billion crypto liquidation event, wiping out 1.6 million leveraged traders in a single day. The crash was amplified by a “liquidity vacuum” where market makers pulled orders, causing a cascade of forced selling and controversial auto-deleveraging by major exchanges.  To prevent liquidation, traders must use…