The October 10 crash was a game-changer. That liquidation wave hit hard across the market—massive leverage got wiped out, triggering a cascade of forced selling that flooded the market with fresh supply. Rough for sure, but it did something important: cleared out the speculative excess. Overleveraged positions got flushed, and that reset matters. The market needed that.
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GateUser-1a2ed0b9
· 9h ago
Liquidation is just liquidation. Don't sugarcoat it. The people who got liquidated that day are still crying.
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TommyTeacher1
· 10h ago
Settlement is settlement. Don't give me that "necessary adjustment" talk. That's how I lost my leveraged position.
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FundingMartyr
· 10h ago
That wave of liquidation was really terrifying, but on the other hand, it's indeed time to clear out some speculators.
The October 10 crash was a game-changer. That liquidation wave hit hard across the market—massive leverage got wiped out, triggering a cascade of forced selling that flooded the market with fresh supply. Rough for sure, but it did something important: cleared out the speculative excess. Overleveraged positions got flushed, and that reset matters. The market needed that.