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$9.4B in liquidations over 24 Hours triggers ‘2021 type situation for altcoins’

The crypto market just nuked, with the largest ever liquidation event in 24 hours and a bloodbath for altcoins triggering traders’ PTSD.

There may be no crying in the casino. But on days like these, you’d be forgiven for shedding a tear. With $9.4 billion liquidated in a single day in the crypto market, the flash crash comes just in time to punch the late-coming retail crowd in the fa… [3433 chars]

Source: CryptoSlate | Published: 2025-10-11T12:31:40Z

Credit: CryptoSlate

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