Crypto’s Biggest Liquidation Event: What Really Happened
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Crypto’s Biggest Liquidation Event: What Really Happened

October 14, 2025
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Over the weekend, the cryptocurrency market experienced what traders are calling “Crypto Black Friday,” a dramatic liquidation cascade that wiped out nearly $20 billion in leveraged positions within 24 hours on 10 October. The event marked the largest single-day deleveraging ever recorded in digital asset markets. According to aggregated exchange

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