WLFI Collapse Preceded $6.9B Crypto Liquidations, Amberdata Finds
WLFI’s early plunge and extreme funding rates preceded a $6. 9B liquidation cascade across Bitcoin and Ether markets. Crypto markets saw one of their sharpest shocks of 2025 on Oct. 10, when nearly $7 billion in leveraged positions were wiped out within an hour
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