🤯 #ATOM flash dumped to $0.001 on Binance during crash

🎢🧨 #BTC CQ: Trump was the catalyst, but leverage is the real fragility underneath it all.

Altcoin OI: -28.58B (-41%)
Bitcoin OI: -10.69B (-24%)

This is a Covid-19 style wipeout.

📊👀 #BTC Liquidation Heatmap (3 month)

A large liquidity cluster is forming around $110K, suggesting this could be the next key magnet for price action.

🗓 Major Upcoming Events in October

#VANRY #PTB #FLK #SAND #WBAT #MON #EAT #RECALL #XNL #HYPX #MMT #MET #ETH #SEA

🔓📝 Upcoming major token unlocks:

#CONX 115% ($20.9M) – Oct 15
#STRK 2.94% ($21.9M) – Oct 15
#SEI 0.91% ($15.9M) – Oct 15
#ARB 1.71% ($39.4M) – Oct 16
#DBR 15.22% ($17.7M) – Oct 17
#ZK 2.39% ($9.8M) – Oct 17
#FTN 4.62% ($40M) – Oct 18

⚠️ Important address due to the market situation! #market #today

📊 According to Binance Futures, during the market crash, the balance of the general insurance fund for #BTC, #ETH and #BNB USDT-margin contracts on Binance dropped from $1.23 billion to $1.04 billion, with $188 million allocated to risk management in the face of extreme volatility.

📉 #BTC #ETH #ETF Yesterday, total net outflows of spot BTC-ETFs totaled ~$4.5 million.

Total net outflows of spot ETH-ETFs amounted to ~$174.9 mln.

🇺🇸 Trump: meeting with Xi Jinping hasn't been canceled, may still meet with him. #tradewars

🤑😱 #BTC The fear and greed index is 27 - fear.

🎰 #BTC Over the past 24 hours, ~$19.30 billion worth of contracts have been liquidated, of which longs have liquidated ~$16.81 billion and shorts ~$2.49 billion - the largest liquidation in the history of the crypto market - nearly 20 times the March 2020 covidodump.

📈👀 #ZEC is up over 9% in the past 24 hours—despite the biggest liquidation event in crypto history having taken place.

📉👀 #BTC CQ: In the last few hours, 36,700 Bitcoin / $4.1 billion were sent to exchanges at a loss.

They may have contributed to the selling pressure, but the main trigger was clearly the liquidations, which completely dragged the market into the abyss.

📊 #BTC Futures Flow Index dropped to 13%. The price is currently trading below Fair Value of $113.3K.

The spread between Bitcoin futures and spot has turned negative, while open interest dropped by $11B - a massive deleveraging.

The main reaction should be expected on Monday

📈🤔 Bitwise: Our intraday Cryptoasset Sentiment Index just generated a strong contrarian buying signal.

The index reached an intraday low of -2.8 standard deviations - its lowest level since the "Yen Carry Trade Unwind" in the summer of 2024.

💸😨 Well-known Ukrainian crypto investor Konstantin Galish (Kudo) committed suicide amid the market crash.

Rumor has it that he lost at least $30 million in investors' money, other people's money that was entrusted to him to manage.

Kudo was left with a fleet of cars: a 2020 Lamborghini Urus, a 2023 Ferrari 296 GTB, and a 2012 Mercedes-Benz 220 CDI.

💵 #USDT #USDC Tether and Circle minted $1.75B in stablecoins post-market crash.

📊👀 $1.9 billion #USDe burned since yesterday, 13% of total supply, as funding rates turned negative.

USDe is the third largest stablecoin

📈 Sentora: On-chain Treasuries climbed to roughly $8.38B outstanding, +~6% WoW.