October Crypto Liquidation Wave

[tradelikepro]

A $19B liquidation wave shook crypto markets in October, showing the fragility of perpetual futures. Youngsun Shin from Flipster compares the market to “a high-performance car without enough brakes.”

While volatility hit hard, decentralized exchanges remained resilient, highlighting how infrastructure and risk systems have improved since 2021. The key lesson? Leverage without safeguards is a dangerous game.