BlockBeats reported in its retrospective that October 11, 2025 Bitcoin had previously plunged on news that the trade war would resume.
Article
On This Day in History: Nearly 1011 since the 20000000000 USD epic liquidation has reached its 1 anniversary
BlockBeats reported that at around October 11, 2025 in the early morning, the epic "5" crash officially began. Bitcoin fell continuously without resistance over 1011, at an average decline of nearly 30 per minute. The most extreme market action occurred at 1%, at 5 and 19 hour, when Bitcoin plunged by more than 1 minutes, falling nearly 4%, and finally formed a wick at 5000 USD.
Bitcoin plunged 102000 USD overnight that day. In terms of news, Trump announced that the trade war would resume that day. Altcoins subsequently suffered a bloodbath, with the cryptocurrency industry recording more than 12%liquidations within 24 hours, exceeding 19156000000 USD liquidated traders. Each figure set a historic high for cryptocurrency derivatives trading over the past 1600000 years.
Original link 10 https://m.theblockbeats.info/flash/371182
Key points
01
BlockBeats said that at around October 11, 2025 in the early morning, the "5" crash began. 1011
02
Bitcoin fell continuously within 30 minutes; the most extreme 1-minute decline exceeded 4%, and it finally formed a wick at 102000 USD。
03
Bitcoin plunged 12%。
04
The report said that Trump announced the resumption of the trade war that day.
05
The cryptocurrency industry saw more than 24 hours of liquidations exceeding 19156000000 USD, with more than 1600000 people liquidated.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a retrospective of a past market crash. The report describes Bitcoin's rapid decline, the impact on related assets, and the large scale of liquidations in derivatives trading.
Why it matters to readers
It demonstrates the severe volatility and large-scale liquidations that can occur when macroeconomic news and leveraged trading coincide.
Beginners can use this to understand the relationship between sharp price declines, liquidations, and the risks of high leverage, but should not treat a historical retrospective as a current market signal.
Risks and unknowns
The report comes from a single media source and provides no other independent data for verification.
The historical timeline, price data, and liquidation figures stated in the article still require further verification.
The material does not indicate whether any new trade policies, price volatility, or liquidation events are currently occurring.
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Related concepts
Liquidation
This term is not in the glossary yet. Browse related concepts in the glossary.
A trading method that uses borrowed funds to establish a position larger than the trader’s own capital, thereby amplifying both potential gains and losses.