Today 302 U, October 11, 2025

Now what remains is to respect the market. I have also lost part of it, but it is much better than contracts. If I continue with contracts, I would have definitely faced a liquidation last night. The total liquidation amount on the entire network in the past 24 hours was $19.133 billion, with as many as 1,618,240 people liquidated.

Today ranks first in history for daily liquidations, with one contract trader experiencing a 1.2 times liquidation.

ATOM dropped from 4U to 0.000, the first time I've seen secondary market spot prices drop to 0, many coins have dropped over 90%.

There is a picture online showing that a contract account owes the exchange $17 million.

A small number of people made money by shorting: some whales made over $72 million in a single day by shorting BTC and ETH.

Buying the dip: Multiple altcoins fell over 80%, WBETH once dropped to $430, BNSOL touched $34.9, and some investors profited by placing orders to buy low-priced assets, with one KOL making about $8 million in a single night.

Stablecoin decoupling: USDe momentarily decoupled to $0.62 due to liquidity pressure, and bottom buyers received high returns after the peg was restored.

It's really good to be alive in the crypto world. I can understand the emotions of the dead bulls, the psychology and feelings of holding on and facing liquidation.