Eric Trump โ the new Jim Cramer of crypto? ๐ง
Every time Eric tweets โbuy,โ the market tanks shortly after. ๐
Coincidence? Maybeโฆ if you ignore the fact his dad โ the President of the U.S. โ keeps dropping market-moving nonsense in real time. ๐ฌ
Looks like weโve got a new reverse indicator in town ๐
Every time Eric tweets โbuy,โ the market tanks shortly after. ๐
Coincidence? Maybeโฆ if you ignore the fact his dad โ the President of the U.S. โ keeps dropping market-moving nonsense in real time. ๐ฌ
Looks like weโve got a new reverse indicator in town ๐
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๐ After the market crash, over 1,000 wallets on Hyperliquid were completely drained, and 6,300 more are deep in losses!
๐ Coinglass reports $20B in total liquidations, but insiders claim the real number could top $30B, accusing Binance and other CEXs of hiding true liquidation data.
Hyperliquidโs founder explained that only one liquidation per second is shown in exchange snapshots โ meaning the actual pain might be hundreds of times worse. ๐คท
๐ Coinglass reports $20B in total liquidations, but insiders claim the real number could top $30B, accusing Binance and other CEXs of hiding true liquidation data.
Hyperliquidโs founder explained that only one liquidation per second is shown in exchange snapshots โ meaning the actual pain might be hundreds of times worse. ๐คท
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๐ฉธ The Oct 11 Crypto Crash Explained โ Not a Stablecoin Failure, But a Masterclass in Exploitation
What looked like chaos was actually surgical precision:
1๏ธโฃ Exploit setup: Binance valued collateral (like $USDe, $wBETH, $BNSOL) using its own spot prices instead of oracles. A fix was plannedโฆ but not yet live.
2๏ธโฃ The move: Attackers dumped ~$90M of $USDe on Binance, crashing its price to $0.65 only there. That depeg nuked margin value, triggering up to $1B in liquidations.
3๏ธโฃ The profit: Minutes before Trumpโs tariff news, new wallets opened $1.1B BTC/ETH shorts on Hyperliquid โ netting $192M as the cascade hit.
4๏ธโฃ The fallout: Over $19B liquidated globally, altcoins down 50โ70%.
๐ Binance admitted โplatform issuesโ and rushed oracle fixes.
๐ก Moral: it wasnโt USDeโs fault โ it was Binanceโs pricing flaw, perfectly timed with macro panic.
What looked like chaos was actually surgical precision:
1๏ธโฃ Exploit setup: Binance valued collateral (like $USDe, $wBETH, $BNSOL) using its own spot prices instead of oracles. A fix was plannedโฆ but not yet live.
2๏ธโฃ The move: Attackers dumped ~$90M of $USDe on Binance, crashing its price to $0.65 only there. That depeg nuked margin value, triggering up to $1B in liquidations.
3๏ธโฃ The profit: Minutes before Trumpโs tariff news, new wallets opened $1.1B BTC/ETH shorts on Hyperliquid โ netting $192M as the cascade hit.
4๏ธโฃ The fallout: Over $19B liquidated globally, altcoins down 50โ70%.
๐ Binance admitted โplatform issuesโ and rushed oracle fixes.
๐ก Moral: it wasnโt USDeโs fault โ it was Binanceโs pricing flaw, perfectly timed with macro panic.
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๐ธ Binance reimburses users $283M after market chaos
Following last weekโs crypto crash, Binance confirmed (๐ release
) that several assets on the exchange temporarily lost their peg, while users faced delays and technical issues with transfers and Earn redemptions.
๐งพ The exchange has fully compensated $283M in losses tied to depegs and pledged to cover additional user losses caused by system delays.
Binance emphasized that these peg breaks occurred after the broader market crash โ they didnโt cause it.
Following last weekโs crypto crash, Binance confirmed (๐ release
) that several assets on the exchange temporarily lost their peg, while users faced delays and technical issues with transfers and Earn redemptions.
๐งพ The exchange has fully compensated $283M in losses tied to depegs and pledged to cover additional user losses caused by system delays.
Binance emphasized that these peg breaks occurred after the broader market crash โ they didnโt cause it.
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๐ต๏ธโโ๏ธ The mystery around the $208M BTC short just got deeper
The so-called Bitcoin OG โ the trader who made millions shorting BTC before Trumpโs tariff news โ has increased his short to $208M ๐ณ
Although he claimed to have no insider connections to U.S. officials, on-chain sleuths found his partner, who has now started deleting photos from White House events ๐
CZ hinted the whale is a former Bitforex CEO with a $10B fortune. He denies any links to Trump or insider trading โ but the timing still looks way too perfect. ๐ค
The so-called Bitcoin OG โ the trader who made millions shorting BTC before Trumpโs tariff news โ has increased his short to $208M ๐ณ
Although he claimed to have no insider connections to U.S. officials, on-chain sleuths found his partner, who has now started deleting photos from White House events ๐
CZ hinted the whale is a former Bitforex CEO with a $10B fortune. He denies any links to Trump or insider trading โ but the timing still looks way too perfect. ๐ค
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๐ฑ CryptoQuant: Retail panic hit hard on Oct 11 โ small holders (wallets <100 BTC) dumped over $1.36B worth of Bitcoin on Binance, one of the largest selloffs this year.
The wave came right after the Trump tariff shock, showing how quickly retail reacted compared to whales, who mostly held their positions.
๐ Classic capitulation moment โ while the crowd panics, the smart money watches and accumulates.
The wave came right after the Trump tariff shock, showing how quickly retail reacted compared to whales, who mostly held their positions.
๐ Classic capitulation moment โ while the crowd panics, the smart money watches and accumulates.
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๐ฅ CoinGlass: The latest market crash caused by Trumpโs 100% tariffs on China has officially become the largest liquidation event in crypto history โ totaling $19.16 billion in just 24 hours!๐ฐ
This record-breaking wipeout surpassed all previous crashes, including AML crackdown rumors and Tesla stance reversal ั 2021. ๐ง
โฐ๏ธ It now tops CoinGlassโs TOP-10 biggest liquidation events of all time โ a brutal reminder of how fast leveraged markets can implode.
This record-breaking wipeout surpassed all previous crashes, including AML crackdown rumors and Tesla stance reversal ั 2021. ๐ง
โฐ๏ธ It now tops CoinGlassโs TOP-10 biggest liquidation events of all time โ a brutal reminder of how fast leveraged markets can implode.
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โ ๏ธ New altseason theory alert!
Crypto Twitter is buzzing again โ traders are comparing October 2025 to March 2020, when alts skyrocketed 25โ100x after a market crash. ๐
The claim:
According to enthusiasts, we might not see full 100x runs this time (too many coins now), but solid projects could still deliver 10xโ50x once the dust settles. ๐
Soโฆ is this just hopium, or the calm before another altcoin explosion? ๐
Crypto Twitter is buzzing again โ traders are comparing October 2025 to March 2020, when alts skyrocketed 25โ100x after a market crash. ๐
The claim:
โSame manipulation, different year.โ
According to enthusiasts, we might not see full 100x runs this time (too many coins now), but solid projects could still deliver 10xโ50x once the dust settles. ๐
Soโฆ is this just hopium, or the calm before another altcoin explosion? ๐
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๐ฐ Santiment reports social sentiment around Bitcoin has hit a 7-month low โ the crowd is extremely bearish
But historically, such negativity has marked local bottoms:
โข +26.5% after Trumpโs tariff panic (April)
โข +11.8% after IranโIsrael tensions (June)
โข +11.3% after ATH fear (August)
When everyone screams โitโs over,โ Bitcoin usually just loads the next pump. ๐
But historically, such negativity has marked local bottoms:
โข +26.5% after Trumpโs tariff panic (April)
โข +11.8% after IranโIsrael tensions (June)
โข +11.3% after ATH fear (August)
When everyone screams โitโs over,โ Bitcoin usually just loads the next pump. ๐
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๐ DeFi Dev Corp compared Solana and Ethereum during the Oct 10 market crash โ and Solana came out on top ๐ช
โช๏ธ 2,464x cheaper โ avg fees: $0.25 vs $616
โช๏ธ 46x higher throughput โ 1250 TPS vs 26 TPS
โช๏ธ 43x faster finality โ 350ms vs 15s
While Ethereum gasped for air, Solana barely broke a sweat. ๐โโ๏ธ
โช๏ธ 2,464x cheaper โ avg fees: $0.25 vs $616
โช๏ธ 46x higher throughput โ 1250 TPS vs 26 TPS
โช๏ธ 43x faster finality โ 350ms vs 15s
While Ethereum gasped for air, Solana barely broke a sweat. ๐โโ๏ธ
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๐ Holders of โpaper Bitcoinโ (large wallets with 1,000+ BTC younger than 165 days) have slipped into losses for the first time in months.
According to CryptoQuant CEO Ki Young Ju, this doesnโt necessarily predict a rise or a fall โ just one thing is certain:
According to CryptoQuant CEO Ki Young Ju, this doesnโt necessarily predict a rise or a fall โ just one thing is certain:
โก๏ธVolatility is coming.
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๐ฝ The U.S. Department of Justice is seeking to seize 127,000 BTC ($14B) from Chinese businessman Chen Zhi, head of Prince Group
Heโs accused of laundering money through crypto investments โ 16 wallet addresses have already been identified. ๐
If approved, it would mark the largest Bitcoin confiscation in history. ๐
Heโs accused of laundering money through crypto investments โ 16 wallet addresses have already been identified. ๐
If approved, it would mark the largest Bitcoin confiscation in history. ๐
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๐ฏ New pattern spotted on Bitcoinโs chart
๐ Traders are sharing the Bullish Continuous Broadening Wedge โ a formation that often signals further growth.
๐ Still, it doesnโt always play out bullish: a downward break could push BTC below $100K.
Given the current uptrend, the odds favor a move higher โ but itโs Bitcoin, so the plot twist is always just one candle away ๐ค
๐ Traders are sharing the Bullish Continuous Broadening Wedge โ a formation that often signals further growth.
๐ Still, it doesnโt always play out bullish: a downward break could push BTC below $100K.
Given the current uptrend, the odds favor a move higher โ but itโs Bitcoin, so the plot twist is always just one candle away ๐ค
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Crypto soothsayer
๐ฝ The U.S. Department of Justice is seeking to seize 127,000 BTC ($14B) from Chinese businessman Chen Zhi, head of Prince Group Heโs accused of laundering money through crypto investments โ 16 wallet addresses have already been identified. ๐ If approvedโฆ
๐บ๐ธ U.S. may have seized a record 127,271 BTC ($12B)!
Conflicting reports keep surfacing about the alleged DOJ confiscation of over $12 billion in Bitcoin.
According to DB :
โข The funds are linked to an international โPig Butcheringโ scam โ fake crypto investments promising massive returns.
โข They may also trace back to the 2020 LuBian mining pool hack.
โข The main suspect: Chen Zhi, head of Prince Group, accused of laundering funds through the Cambodian conglomerate.
๐ต๏ธโโ๏ธ Some reports claim the U.S. government already controls those coins โ now holding a total of 325,283 BTC ($37B)! ๐
Conflicting reports keep surfacing about the alleged DOJ confiscation of over $12 billion in Bitcoin.
According to DB :
โข The funds are linked to an international โPig Butcheringโ scam โ fake crypto investments promising massive returns.
โข They may also trace back to the 2020 LuBian mining pool hack.
โข The main suspect: Chen Zhi, head of Prince Group, accused of laundering funds through the Cambodian conglomerate.
๐ต๏ธโโ๏ธ Some reports claim the U.S. government already controls those coins โ now holding a total of 325,283 BTC ($37B)! ๐
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Crypto soothsayer
๐ธ Binance reimburses users $283M after market chaos Following last weekโs crypto crash, Binance confirmed (๐ release ) that several assets on the exchange temporarily lost their peg, while users faced delays and technical issues with transfers and Earn redemptions.โฆ
๐ฌ A Chinese trader who lost ยฅ20,000,000 ($2.8M) during the recent market crash on Binance received a โcompensationโ โ a voucher worth 0.26 USDT !๐
The trader claims the loss was caused by Binanceโs technical failures during the crash. ๐ ๐
The trader claims the loss was caused by Binanceโs technical failures during the crash. ๐ ๐
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๐Binance โkilledโ altseason!
๐ Crypto traders are blaming Binance for the death of the altseason. Over the past week, users withdrew $21B from the exchange (CoinGlass data).
Critics say Binanceโs model artificially inflates altcoin prices โ listing tokens, creating hype and liquidity, then letting retail buy the top while market makers dump. ๐ง
Meanwhile, BNB benefits from the cycle. Result? Retail in red, trust in new projects fading, and the market starting to look like one big orchestrated game. ๐ผ
๐ Crypto traders are blaming Binance for the death of the altseason. Over the past week, users withdrew $21B from the exchange (CoinGlass data).
Critics say Binanceโs model artificially inflates altcoin prices โ listing tokens, creating hype and liquidity, then letting retail buy the top while market makers dump. ๐ง
Meanwhile, BNB benefits from the cycle. Result? Retail in red, trust in new projects fading, and the market starting to look like one big orchestrated game. ๐ผ
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๐จโ๐ป Ethereum, Solana & Bitcoin remain the developer favorites
Despite market swings, Ethereum, Solana, and Bitcoin continue to dominate as the top ecosystems for both new and active developers. ๐
These three consistently attract the most talent, tools, and innovation โ proving that real builders stay where the infrastructure and community are strongest. ๐
Despite market swings, Ethereum, Solana, and Bitcoin continue to dominate as the top ecosystems for both new and active developers. ๐
These three consistently attract the most talent, tools, and innovation โ proving that real builders stay where the infrastructure and community are strongest. ๐
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