Bitcoin's $19 billion wake-up call: One-year later, has crypto learned anything?
Source: CoinDesk ·

From the source
One year after a flash crash wiped out billions in leveraged crypto bets, traders have better tools to spot risks. But the forces behind the selloff remain. The October 2025 crypto crash exposed the dangers of leverage and crowded bets. A year later, analysts say those risks remain. Nearly a year after one of crypto's most violent selloffs, the question hanging over the market is whether traders have learned enough to prevent another one. Just days after hitting a record high above $126,000O, on October 10, 2025, bitcoin BTC $82 680,67 plunged from around $122,000 to $105,000, with much of the decline occurring within minutes. The crash triggered roughly $19 billion in liquidations across crypto markets, catching traders off guard after months of bets on further gains. But while the selloff shook confidence in the market, the conditions that helped cause it haven't gone away. "It just was a very quick and violent market top that we did not expect," said Mark Connors of Risk…