Bitcoin Crash Anniversary: Did Traders Learn Anything After $19 Billion Wiped Out?
Photo: CoinCentral
TLDR The October 10, 2025 crash wiped out roughly $19 billion in leveraged crypto positions in hours. Bitcoin and ether order books are now deeper than before the crash, showing more market maker capital has returned. Altcoin liquidity and overall spot trading volume remain well below pre-crash levels. Leverage levels rose again heading into the one-year anniversary, leading to over $1 billion in fresh liquidations. Analysts say the same risky conditions behind last year’s crash are still present in the market. Nearly a year has passed since bitcoin suffered one of its most violent drops in history.
Source: CoinCentral
