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Crypto DeFi

Crypto Market Marks One Year Since the $19 Billion Single-Day Liquidation Crash

One year ago, on October 11, 2025, the crypto market suffered the largest single-day liquidation in history, exceeding $19 billion. Bitcoin, after hitting an all-time high of $126,080 on October 7, fell 12.7% from around $116,900 to $102,000 within 30 minutes at approximately 16:50 Beijing time. Binance paid about $283 million in compensation to affected users following extreme price deviations, including ATOM at $0.001 and USDe at $0.65.

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