Ethereum News Update: October's Crypto "Hex": Leverage Drives $19 Billion in Trader Losses
- Crypto markets faced a $19.37B collapse in October 2025, triggered by Trump's 100% China tariff shock, erasing a decade of bullish trends. - A 25x leveraged ETH position lost $15M amid 20% ETH price drops and 60-80% altcoin declines, exposing leveraged trading risks. - Stablecoins saw $2.82T in transactions as traders fled volatility, while DEXs gained 23% volume growth despite ETH address declines. - ETH stabilized at $3,700 by month-end with $600M exchange outflows, as regulatory clarity on the Clarity
October 2025 became infamous in the cryptocurrency world, earning the title "the most cursed month in crypto," after a 25x leveraged
During the selloff, Ethereum (ETH) plunged 20% to below $4,000, while
Despite the chaos, Ethereum's stablecoin sector reached a record high in October, with monthly transactions totaling $2.82 trillion, led by
By the end of October, Ethereum's price steadied near $3,700, marking a 17% decline from its monthly peak. Outflows of $600 million from centralized exchanges indicated a move toward long-term holding. Experts pointed out that the upcoming regulatory decision on the Clarity Act could influence short-term market sentiment, with its approval potentially supporting Ethereum's fundamentals, as noted in a
This crash laid bare the inherent dangers of leveraged trading, as overextended positions—such as the 25x Ethereum trade—suffered the most. As November began, the crypto sector was left to reflect on a month that fundamentally changed how risk is managed in this volatile industry.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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