Around $300 billion has returned to spot crypto markets on Monday morning after overleveraged whales caused a massive meltdown over the 0 and Ether have both recovered back to the middle of their range-bound channels, but some of the AI-related altcoins are surging. AI-focused crypto token Bittensor (TAO) has pumped a whopping 35%, topping $410 in an eleven-week high on Monday morning. However, the native token for the decentralized machine learning network remains down 46% from its all-time 1 AI token, ChainOpera AI (COAI), has skyrocketed a whopping 70% to an all-time high of $43.80 on 2 GPU compute platform Render (RNDR) has gained 17% on the day to reach $2.80 during Monday morning trading in 3 Leading the Recovery DeFi platform Mantle (MNT) has also surged today, with a 27% move to reclaim $2.20, recovering all losses from the weekend 4 Trump family DeFi platform (WLFI) is on the rise as well, with an 18% gain on the day to reach $14.30 at the time of writing.
Binance’s tokens, BNB and ASTER, were both performing well, gaining 14% 5 Binance exchange was implicated during the big crash as its market maker froze and a number of tokens depegged, leading to mass 6 firm issued a statement on Sunday that this happened before the selloff but offered compensation to traders who held USDE, BNSOL, and WBETH as 7 had made more than 8%, reclaiming $4,200, XRP jumped by 9% to $2.57, and Solana was up 8% at $195. Meanwhile, Dogecoin, Chainlink, and Sui were all in double-figure gains as altcoins led the market recovery 8 the future, we’ll look back at this wick and see it as a bump before new 9 week green for #Altcoins.
In 2-4 weeks new test of the 10 — Michaël van de Poppe (@CryptoMichNL) October 12, 2025 A Healthy Flushout While the leverage flush was brutal, the largest ever , it is healthy for markets, said Justin d’Anethan, Head of Partnerships at Arctic Digital, who estimated that it was 10 to 15 times larger than the COVID crash or FTX, in terms of leverage wiped 11 last time altcoins dumped so hard was the March 2020 COVID meltdown, and a massive altseason followed in 2021. “The fact that Bitcoin held above $115K after that kind of stress is a testament to the asset’s structural strength,” he 12 recovered 5% from its sub-$110,000 dip and was trading at $115,300 at the time of writing.
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