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Reading: Crypto Market Crash Today [ LIVE] Updates October 11th
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EdaFace Newsfeed > Latest News > Crypto News > Crypto Market Crash Today [ LIVE] Updates October 11th
Crypto News

Crypto Market Crash Today [ LIVE] Updates October 11th

vitalclick
Last updated: October 11, 2025 5:31 am
2 days ago
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Contents
Bitcoin Whale Sits on $35.8M Profit After Perfectly Timed ShortsEthereum Price Crash Faces More Than BitcoinThe Truth Behind the Crypto Crash TodayCrypto Liquidation Today Hit $19.16 billionWhy Crypto Market is Crashing?Trust with CoinPedia:Investment Disclaimer:Sponsored and Advertisements:Share this crypto insight with your network!
Why Bitcoin Price is Crashing Today

October 11, 2025 05:24:21 UTC

Bitcoin Whale Sits on $35.8M Profit After Perfectly Timed Shorts

A Bitcoin whale who opened massive short positions on BTC and ETH just before the recent crash is now sitting on over $35.8 million in unrealized profit and still hasn’t closed their trades. The move suggests they expect prices to fall even further. The timing has fueled speculation of insider knowledge, as the market plunged shortly after Trump’s tariff announcement. Once again, it appears the crypto market’s biggest moves favor those in the know.

October 11, 2025 05:24:21 UTC

Ethereum Price Crash Faces More Than Bitcoin

Gold advocate and Bitcoin critic Peter Schiff has sounded another alarm—this time on Ethereum’s sharp decline. While Bitcoin has dropped about 10% from its all-time high, Ether is down over 21%, now hovering near $3,900. Schiff cautioned that if ETH breaks its key support at $3,350, it could swiftly plunge toward $1,500. Known for his bearish stance on crypto, Schiff urged investors to “get out now,” predicting deeper pain if market sentiment worsens.

As bad as Bitcoin looks, Ethereum looks even worse. While Bitcoin is only down about 10% from its record high priced in U.S. dollars, Ether is down 21%. It’s now trading near $3,900. If it breaks support around $3,350, a quick move down to $1,500 is a real risk. Get out now!

— Peter Schiff (@PeterSchiff) October 10, 2025

October 11, 2025 05:12:37 UTC

The Truth Behind the Crypto Crash Today

The recent crypto crash became the perfect storm for the biggest liquidation event in history, wiping out over $19 billion as hidden leverage across the market unraveled. Traders and funds had shifted from spot to leveraged positions chasing perp DEX airdrops, masking true market risk. When Trump’s 100% tariff announcement hit an already overbought equities market, it triggered a chain reaction. Fragile altcoin liquidity, overexposed leverage, and mismatched valuations caused a violent unwinding, forcing funds to liquidate. A brutal reset yet a setup for the next cycle.

October 11, 2025 05:12:37 UTC

Crypto Liquidation Today Hit $19.16 billion

The crypto market just witnessed its largest liquidation event in history, with over $19.16 billion wiped out in hours nearly 20x bigger than the March 2020 Covid crash and far surpassing the $1.6 billion FTX collapse. Triggered by Trump’s 100% tariff announcement on Chinese imports, Bitcoin plunged to $102K, altcoins crashed up to 90%, and over $1 trillion in market cap vanished. The event marks a historic leverage flush, resetting the market for the next potential bull phase.

October 11, 2025 05:12:37 UTC

Why Crypto Market is Crashing?

The crypto market crashed after Trump announced 100% tariffs on Chinese imports starting November 1, shocking global markets. Bitcoin plunged to $102K, altcoins dropped up to 90%, and over $1 trillion in market cap vanished within hours. On-chain data revealed a whale had opened massive shorts on BTC and ETH days before the announcement, profiting $200M from the crash. The event wiped out leverage and weak hands signaling a potential market reset rather than the end of the bull cycle.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

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