Home / Business / Bitcoin’s whipsaw to 101k wipes out $7B in leveraged positions

Bitcoin’s whipsaw to 101k wipes out $7B in leveraged positions

Massive sell-off causes $7 billion in liquidations, exposing crypto’s structural weaknesses during volatile trading.

A sudden flash crash rattled crypto markets on Oct. 10, erasing billions in leveraged positions as Bitcoin, Ethereum, and other major tokens plunged before staging partial recoveries.
Bitcoin fell more than 10% at its lowest point, slipping to $101,5… [1798 chars]

Source: CryptoSlate | Published: 2025-10-10T22:38:03Z

Credit: CryptoSlate

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