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Matrixport: This "Surrender Event" is of historical significance, completely reshaping the cryptocurrency market's position distribution.

3 hours ago

October 13th. Matrixport published a market view today, stating that Trump threatened to impose a 100% tariff on China, which triggered a historic crash in the crypto market. This shock coincided with a high leverage ratio and extremely optimistic market sentiment. As prices fell, automatic liquidation orders on decentralized exchanges (DEX) began to cascade and trigger. Due to insufficient liquidity and low trading volume, these forced liquidation orders were executed passively, further intensifying the market sell-off. At one point, the Ethereum funding rate plummeted to -39%, marking one of the most severe pullbacks in recent years, nearly wiping out excessive leverage positions in the market. In this downturn, only a very small number of traders benefited. As volatility gradually subsides, market indicators show signs of new long positions being rebuilt. This historically significant "surrender sell-off" has completely reshaped the overall position structure of the entire crypto market.
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BNB Surges Above $1320 Briefly, Just 1% Away from New All-Time High

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The Smarter Web Company has increased its holdings by 100 bitcoins, bringing its total holdings to 2650 bitcoins.

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Recall (RECALL) is about to be listed on Binance Alpha and Futures.

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Binance: The yieldbasis (YB) Prime Sale has a participation threshold of 144 points.

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HTX DeepThink: "10.11" to Become Industry Cycle Inflection Point, Deleveraging to Significantly Unleash Market Risk

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