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Crypto’s Biggest Liquidation Ever

[Our daily CEO briefing for PRO readers]

Marc Baumann's avatar
Marc Baumann
Oct 13, 2025
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Hey, it’s Marc.

On Friday, October 10, 2025, crypto markets experienced their largest-ever liquidation event, with over $19–20B in leveraged positions wiped out. [NEWS]

That’s 12× the size of FTX’s collapse and 20× the COVID-19 crash. The twist: Binance halted trading and mispriced stablecoins while unregulated DeFi protocols processed billions without a…

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