$19B Crypto Crash: Record Liquidations Trigger Market Shock

Crypto markets witnessed a catastrophic event on October 11, 2025, with the largest liquidation ever recorded. A shock $19 billion wipeout sent tremors through the entire digital asset ecosystem as Bitcoin and Ethereum plunged dramatically. Within hours, volatility skyrocketed, leading to a rapid sell-off across the market. Bitcoin’s price plummeted to its lowest point of $104,582 in 24 hours, while Ethereum followed suit, crashing to $3,460. This sudden crash sent shockwaves through the entire cryptocurrency ecosystem and triggered an altcoin massacre where many tokens dropped over 50% within minutes.