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147 Biggest Crypto Liquidation Ever Sees $16B Longs Decimated Amid Market Chaos

CoinDesk
Sam Reynolds @ CoinDesk 2 place · 10/10/2025 23:46 EDT

Biggest Crypto Liquidation Ever Sees $16B Longs Decimated Amid Market Chaos

Trump’s 100% tariff warning on China ignited a global sell-off that wiped out $16 billion in leveraged crypto longs and pushed Ethena’s USDe to a rare sub-$1 print.

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