Crypto's October 12th Crash: A $20 Billion Bloodbath
Update: 2025-10-12
Description
Crypto bloodbath! October 12th saw $20 billion vanish as Bitcoin plunged 13% in an hour, triggering a historic liquidation event. Discover how perps fueled the chaos, exchanges scrambled to survive, and why DeFi surprisingly weathered the storm better than centralized platforms. Learn who profited from the panic, who got wiped out, and what this flash crash reveals about the crypto market's fragility.
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