Record $19B Crypto Liquidation Amidst US-China Trade Wahala
Over di weekend of October 10–11, 2025, di crypto market get beta record as $19 billion crypto liquidation of leveraged trading positions scatter everywhere. President Trump announce 100% tariff for Chinese imports and new export controls wey make gbege sell-off. Over 1.6 million accounts jam forced liquidation, Bitcoin face $1.37 billion loss, Ethereum carry $1.26 billion loss. Biggest one na over $87.5 million for one Bitcoin trade. Before di crash, Bitcoin don dey soar pass $125,000 because of institutional ETF inflows. By October 13, e trade close to $115,000 while Ethereum recover to $4,100. Dis crypto liquidation show di risk wey dey leveraged trading and how US-China trade wahala fit affect market movement. Traders suppose dey watch volatility and geopolitical matter for chance to buy.
Bearish
Di $19 billion crypto liquidation show say sell side pressure strong well well plus high volatility dey cause immediate bearish pressure for Bitcoin and Ethereum. Forced liquidation cause sharp price decrease and e fit don shake short-term market confidence. Even though both assets regain small level — Bitcoin near $115,000 and Ethereum around $4,100 — the comeback fit no too strong unless US-China trade palava calm down. Long-term outlook depend on fresh institutional ETF money inflow plus geopolitical stability. Traders suppose dey cautious as volatile market still dey.