Crypto Market’s Massive Meltdown: What We Know and What’s Next

The events that transpired in the past day or so are not unusual in the ever-volatile cryptocurrency market, but they tend to harm certain traders more than ￰1￱ many felt the pain of being liquidated, others seem to ￰2￱ the span of just 12 hours or so, the entire market went from a capitalization worth $4.120 trillion on TradingView to $3.3 trillion, which meant a wipe-out of almost $900 ￰3￱ pushed the metric down to its lowest levels since July, erasing months of gains, before it recovered to $3.670 trillion as of press ￰4￱ Market Cap.) October 11, 2025 Bull Theory alleged that one of Bitcoin’s oldest wallets might have known what was about to happen as they opened big short positions on BTC and ETH a day before the announcement and doubled down as events started to ￰5￱ closed all shorts with a profit of roughly $200 million in just a ￰6￱ Theory added that this wasn’t a retail-driven dump, as it has been on some occasions in the past.

Instead, they noted that it “felt structural, as if a fund or a desk was forced to unwind positions all at once.” What’s Next? Naturally, after trying to explain what happened, the next step is to offer a prediction of what’s to ￰7￱ majority of the crypto community seemed adamant that this is a proper buy-the-dip moment, as similar crashes are typically followed by large moves in the opposite direction. “So yes, the headlines scream Market ￰8￱ zoom out the structure didn’t ￰9￱ just ￰10￱ whales already took their ￰11￱ panic is ￰12￱ history says, that’s exactly when the next leg begins,” said Bull ￰13￱ concurred, indicating that this could be the next “COVID crash,” when BTC dumped to $4,000 but exploded in the following months. ￰0￱ — CZ BNB (@cz_binance) October 11, 2025 However, Crypto Bully outlined a different projection, which is a lot more painful if Trump proceeds with the tariffs: “- Unless Trump changes his statements immediately on Monday, this will not be a V ￰14￱ alts with 50-70% wicks will bleed down and fill them or partially fill it before reversal.” Different Perspective While most are focused on price drops, reasoning, and future behavior, Cobie highlighted a different perspective on the ￰15￱ popular X user believes such collapses are a perfect example of why investors should avoid taking leveraged positions, as they can wipe out years of gains.

Instead, they need to focus on building a long-term portfolio by holding only assets that they are bullish on and believe ￰16￱ means steer clear of speculative tokens that only chase hype without actual utility. “When everyone is making hilarious amounts of money I am always tempted to start using leverage ￰17￱ is almost impossible to fight the feeling that you’re not making enough, or everyone else is outpacing ￰18￱ reminder that fighting that feeling and avoid the wipeouts is worth it in the end. Don’t let a leverage blowup dictate your long-term ￰19￱ future is bright, good things to come, patience is rewarded.”