Crypto crash: $19B liquidated in 24 hours due to Trump's tariff announcement

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🚨 𝗧𝗵𝗲 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗳𝗹𝗮𝘀𝗵 𝗰𝗿𝗮𝘀𝗵 𝗶𝗻 𝗰𝗿𝘆𝗽𝘁𝗼 𝗵𝗶𝘀𝘁𝗼𝗿𝘆 - $𝟮𝟬𝗕 𝗹𝗶𝗾𝘂𝗶𝗱𝗮𝘁𝗲𝗱 On October 10 (Friday), over $19 billion in leveraged crypto positions were liquidated within 24 hours - 12× FTX, 20× the COVID crash. A single geopolitical event, President Trump’s tariff announcement on China triggered it. The impact? - $560B in total market cap erased - 1.6M traders liquidated - $65B in open interest wiped clean - And for the first time, pension funds and university endowments felt a geopolitical crypto shock But here’s what really mattered 👇 - Infrastructure won. Unregulated DeFi platforms processed record liquidations without downtime. - Hyperliquid , Aave Labs, and Ethena Labs became the day’s unexpected winners - proving architecture > compliance in stress events. - CEXs like Binance and Coinbase broke under pressure - halts, mispriced stablecoins, and system delays. - Crypto just turned macro. An 18× contagion multiplier now ties global policy directly to portfolio risk. The market showed who’s built for institutional scale and who’s not. 👉 Subscribe for our full CEO Notes on Digital Assets: https://lnkd.in/gs253pU9

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