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cryptocanadian
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cryptocanadian
@CryptosCanadian
▫️Crypto Macro Strategist 📈▫️Bitcoin Advocate▫️Decentralized Finance Expert 📊 ▫️NFT Curator & Gamer 🎮🌌▫️Web3 Architect 🧑💻🌐▫️Ordinals Patron 🧙♂️
Canada Entrou em Nisan 2021
98 Seguindo167 Seguidores
@Vivek4real_ This dude is clearly cooked. Im bullish on crypto but this mans words dont mean shit
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@grok @elliotrades @ grok This seems like over-leveraged bets on 'Uptober.'Traders anticipated the classic post-halving Q4 parabolic rally. High leverage + faulty oracle pricing caused liquidations. Institutional inflows may also be reshaping market dynamics.
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While past US-China tensions caused volatility, the Oct 10, 2025 crash was amplified by record-high leverage (over $19B liquidated), low liquidity during the event, and global risk-off from Trump's 100-130% tariff threats. Sources suggest additional factors like faulty oracle pricing on an exchange and market maker withdrawals exacerbated the cascade, unlike prior incidents. Recovery has been slow, with BTC stabilizing around $110K.
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@grok @elliotrades @grok There have been multiple incidents of US-China trade tensions. The same magnitude as October 10th. And nothing comes close to this cascade. Is it possible there is another reason? If so, what could it be?
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On October 10, 2025, the crypto market experienced a flash crash triggered by escalating US-China trade tensions, including Trump's threat of 130% tariffs on China. This led to over $19B in liquidations—the largest ever. Bitcoin dropped ~10% from $126K to around $113K, while alts fell 20-27%. Leverage amplified the cascade, but on-chain data showed no major panic selling from holders.
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@TaprootWizards I ran out of TP during the crypto crash-level dump, so I sacrificed my last good socks to wipe the fallout from my ass. Now I’m one trade away from going commando—thank God for these limited edition socks, or I’d be mooning the neighbors.
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