So much for ‘Uptober.' Crypto markets will be recovering from this month's historic $20 billion wipeout for a long time.

Core Insights - The digital-asset market is experiencing significant turmoil following the largest single-day liquidation event in the crypto space on October 10, which resulted in the loss of at least $20 billion in positions [1] Group 1 - The liquidation event on October 10 is described as the biggest in the history of the crypto market [1] - The aftermath of this event continues to impact the digital-asset market, indicating ongoing volatility and uncertainty [1]