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Major crypto coins like ATOM, LINK, ADA, and more saw sudden 80% drops, shaking investor confidence.Sudden Crypto Market Crash Shocks InvestorsMassive Losses for Top TokensWhat Caused the Bloodbath?
- 21:33If Ethereum breaks through $4,000, the total liquidation intensity of short positions on major CEXs will reach 221 million.BlockBeats News, October 12, according to Coinglass data, if Ethereum breaks through $4,000, the cumulative short liquidation intensity on major CEXs will reach 221 millions. Conversely, if Ethereum falls below $3,900, the cumulative long liquidation intensity on major CEXs will reach 185 millions. BlockBeats Note: The liquidation chart does not display the exact number of contracts pending liquidation, nor the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.
- 21:32A certain whale/institution has transferred 15,010 ETH to exchanges in the past two days.BlockBeats News, on October 12, according to on-chain analyst Ai Yi (@ai_9684xtpa), whale/institution 0x395...45500 appears to be making large-scale sales, having transferred 15,010 ETH (57.31 million USD) to exchanges in the past two days. If sold, this would yield a profit of 11.87 million USD. This address accumulated 86,000 ETH at an average price of 3,027 USD between June and August 2025, and just 10 minutes ago deposited 3,000 ETH, worth 12.15 million USD, to an exchange. Currently, it still holds 55,981 ETH, approximately 226 million USD.
- 20:32Tether CEO: USDT is the best collateral for derivatives and margin trading, and has stood the test of timeForesight News reported that Tether CEO Paolo Ardoino stated that USDT is the best collateral for derivatives and margin trading, featuring strong liquidity and having stood the test of time. He pointed out that if tokens with low liquidity are used as collateral, one must be prepared when market volatility occurs.
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If Ethereum breaks through $4,000, the total liquidation intensity of short positions on major CEXs will reach 221 million.