🚨 ALERT: $132M just got liquidated in the last 60 minutes. https://t.co/RpH4QqMzLS ...

James Wynn(@JamesWynnReal) just got liquidated again! 😬It seems every time he returns to #Hyperliquid to open new positions… it doesn’t take long before he gets wiped out.https://t.co/UykZYUrjIB https://t.co/DHb3NKQKHiLookonchain (@lookonchain):James Wynn(@JamesWynnReal) is back on Hyperliquid!He deposited 197K $USDC and claimed a $2,818 referral reward.Then opened long positions across $BTC(40x), $PEPE(10x), and $HYPE (10x), totaling $4.8M.34.2 $BTC($3.85M)122.8M $kPEPE($917K)712.67 $HYPE($28K) https://t.c ...

Was last week's liquidation event a conspiracy to wipeout retail? 🤔@wintermute_t CEO @EvgenyGaevoy thinks it's highly unlikely...Full episode: https://t.co/5F2penehPb https://t.co/j4i9WoH386 ...

Markets crashed recently and many got liquidated.I’m giving back now.CLAIM YOUR FREE $200 BONUS ON WEEX!FIRST 1,000 USERS ONLY 👇https://t.co/IQhsaKJka9 https://t.co/rBwrdMbIc7 ...

Let's talk what's next for crypto with our panel. Melt Demir's Crucible Capital general partner along with Matt Hogan, Bitwise asset management CIO. Meltum, do do you can you tell me about last week and exactly what happened on that uh that day.It almost looked like margin selling. What What was that from. >> Leverage is a hell of a drug, Joe.That's that's what I can tell you. What we saw is uh cascading liquidation 2.0%. We saw this in 2022.In 2022, it was um borrowers that were offchain. This time, DeFi f ...

Core Insights - The crypto market experienced its largest liquidation event, with $19 billion wiped out from leveraged positions, primarily affecting long traders [1][5] - Binance announced a recovery initiative called "The $400 Million Together Initiative," aimed at rebuilding confidence in the market [2][3] Market Impact - On October 10, the market crash was triggered by President Trump's announcement of potential 100% tariffs on Chinese imports, leading to significant price drops in major cryptocurrencies [4] - Bitcoin's price fell from $122,000 to as low as $104,000, while Ethereum and smaller cryptocurrencies experienced declines of 30% or more [4] Liquidation Details - The liquidation event affected approximately 1.6 million accounts, with a majority being long positions [5] - Stablecoins like Ethena's USDe briefly lost their peg, dropping to 65 cents due to technical issues and low liquidity [5] Binance's Response - Binance plans to distribute $300 million in token vouchers to users who suffered forced liquidation losses, with eligibility criteria based on the percentage of net assets lost [2][3] - Additionally, Binance will provide a $100 million low-interest loan fund for institutional users impacted by the market fluctuations [3] Market Dynamics - Analysts noted that market makers withdrew liquidity, creating a vacuum that exacerbated the sell-off, leading to auto-deleveraging on various platforms [6] - Platforms like Hyperliquid and Bybit reported significant impacts, with Bybit closing $1.1 billion in short positions [6]

JUST IN: @binance launches a $400 million support plan to aid users and institutions hit by recent liquidations. https://t.co/WQOqsXqXZx ...

Market Sentiment - An individual account experienced liquidation despite risk mitigation strategies, highlighting the potential dangers of concentrated positions, even with hedging [1] - The incident underscores the risks associated with isolating specific trading strategies (small altcoin longs) on separate accounts, especially when coupled with hedging on a main account [1] Trading Strategy - The trader employed a strategy involving long positions in smaller altcoins on one account and corresponding short positions on a main account for hedging purposes [1] - The trader expressed regret over separating the altcoin strategy onto a separate account, indicating a potential flaw in risk management [1]

🚨 TODAY: Over $250.5M liquidated in the past 4 hours, with $212.5M from longs. https://t.co/a1lZ7bEhI5 ...

Every major liquidation event this bull market has been followed by a massive pump.Do with that information what you will. https://t.co/TpRhpAvOfR ...