Crypto Markets Experience Largest Single-Day Liquidation Event in History: $15.2 Billion Wiped Out in 24-Hour Frenzy
October 15, 2025 – Global cryptocurrency markets witnessed their most severe liquidation event on record, with $15.2 billion in leveraged positions forcibly closed within 24 hours amid a dramatic market downturn that saw Bitcoin plummet 27% to briefly trade below $45,000. The unprecedented cascade of liquidations surpassed previous records set during the 2021 market correction and…

