The cryptocurrency market has experienced a sharp shake-up in the last 24 hours. According to CoinGlass data, a total of $19.38 billion in liquidations occurred due to the impact of macroeconomic uncertainties regarding trade tariffs. Bitcoin (BTC) 
$111,822.89Ethereum (ETH) 
$3,836.17 While major assets such as and XRP lost value, there was a 9.18 percent decrease in the market overall. However, Real Vision founder Raoul Pal describes this decline as “short-term noise”. According to Pal, much of this sharp decline is due to short-term investors trading in leveraged positions.
Liquidity and Artificial Intelligence Impact
Pal stated that long-term investors should not panic and emphasized that digital assets will have an important place in the future, saying, “Tomorrow will be more digital than today.” According to him, blockchain and artificial intelligence technologies will continue to be at the center of financial transactions. He also stated that the global liquidity cycle is in an upward trend and that the money supply that central banks and governments will increase will support the crypto market.
Pal stated that approximately 10 trillion dollars of liquidity should enter the market in the next 12 months and argued that this process would be supportive for crypto assets. The experienced analyst stated that long-term investors should see these declines as a buying opportunity. “After five years, no one will care about these prices,” he said, reminding investors of his long-term perspective.
The sharp losses in large assets attracted attention. While Bitcoin dropped by 7.86 percent to $112,104, its transaction volume increased by 167 percent and reached $198 billion. This shows that investors consider the price decline as a buying opportunity. Ethereum also dropped by 12 percent to $3,824, and XRP dropped by 12.06 percent to $2.48.
Similar Declines and Historical Comparison
Similar large liquidations occurred during the Terra collapse and FTX bankruptcy in 2022. However, at that time, the market recovered and reached record levels. In the current situation, many analysts predict that the market will regain momentum after short-term corrections, although the “Uptober rally” expectations have been shaken.
This sharp decline in the market requires investors to act strategically in the long term. While leveraged positions and short-term panic selling result in huge losses, a long-term perspective preserves the potential for sustainable gains. As Raoul Pal noted, the transition to a digital economy is accelerating and this supports the long-term value of crypto assets.
