10/11/2025 | Summary of the most notable crypto news in the past 24 hours!

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🚨 Crypto Overnight News – 1 Minute Market Summary!


1⃣ The biggest crash in cryptocurrency history:
Altcoins plunged as much as 90% in just a few hours , liquidating more than 1.62 million traders .
👉 Today's lesson: Survival first, profit later.


2⃣ Global financial markets experience “Black Friday”:
US stocks fell sharply after Donald Trump announced he could impose higher tariffs on imports from China.


3⃣ Fluctuations of major currencies:

  • Bitcoin (BTC) down 7%

  • Ethereum (ETH) down 12%

  • Solana (SOL) down 14%
    Top coins still show the ability to “take the hit”, but the funding rate on CEX and DEX exchanges turns negative
    👉 The market is entering a phase of deleveraging.


4⃣ Cause of the collapse:
According to Dovey Wan , co-founder of Primitive Ventures , the drop was triggered by a large institutional liquidation on Binance , triggering a domino effect.


5⃣ Synthetic assets such as WBTC, BNSOL... temporarily lose peg:
Some lucky traders bought ETH under $1,000 , making huge profits.
👉 Lesson: In chaos, be a calm sniper .


6⃣ Stablecoin USDe falls to $0.62:
Synthetic stablecoins cannot be used as a means of payment or collateral, ” analysts say.
Others argue that USDe is actually a Tokenize investment fund, not a real stablecoin.
The project side confirmed: The protocol is still operating normally.


7⃣ Famous "whale" Brother Ma was liquidated:
In just 22 days , from a profit of 44.5 million USD to a loss of 10.6 million USD .
👉 Reminder: Always place a stop-loss order.


8⃣ Rumors of Wintermute and Crypto.com heavy losses spread —
Both denied .


9⃣ Fear & Greed Index fell from 64 to 27 in just one day.
Greed is gone, fear is in.
👉 Keeping calm is key.


🔟 WLFI team tries to "fight price":
Spent over $10 million buying in when the price dropped , now temporarily losing 30% — even whales bleed.


🔟1⃣ KOL BlueFox denounces insider trading:
One “big guy” reportedly opened an account on Hyperliquid 30 minutes before Trump announced the tax news , making $70 million in profits right away.


😤 Don't panic — keep building.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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