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$170 Billion Vanishes from Crypto Market in 24 Hours – What’s Driving the Massive Sell-Off?

Clavz  · 2025-10-29 ·  2 months ago
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If the crypto market lost ~$170 billion in value in a single day, what’s behind such a massive drop — and does it signal a deeper crash or just a sharp correction?

10 Answer

  • A $170B drop is huge, but it feels more like a sharp correction than a full-blown crash. Likely a mix of profit-taking, weak sentiment, and macro uncertainty. Still, it’s a reminder of how volatile this market can be

  • Crypto market lost $170 billion in 24 hours amid U.S.–China tensions, massive leveraged liquidations, profit-taking, and weak sentiment. Bitcoin and Ethereum plunged sharply as traders rushed to reduce risk exposure.

  • The speed of capital flight in crypto is astounding. A single negative macro indicator can trigger a massive overnight sell-off.

  • No doubt bearish market

  • Panic selling hits crypto hard

  • Crazy how fast capital moves in crypto. One bad macro signal and poof, billions gone overnight.

  • Market panic hitting hard.

  • The event has been described by some as the largest single day liquidation event in crypto history.



  • Massive sell-off sparks fears of deeper crash or temporary correction

  • A single-day loss of ~$170 billion in the crypto market could stem from a cascade of liquidations due to leveraged trading unwinding, a major regulatory announcement, or negative macroeconomic news impacting risk assets, and determining if it's a deeper crash or a sharp correction hinges on whether these underlying pressures are resolved quickly or persist.

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