October 10 Crash Exaggerated? Real Crypto Losses Just $2.31B (Analyst)
Oct, 16, 2025
< 1 min read
by Wayne Jones
for CryptoPotato

Last week’s market downturn has been widely labeled as the worst ever in the history of crypto, with multiple media reports citing a staggering $19 billion wiped from leveraged positions.
But new on-chain analysis is challenging this story, showing that the real losses for traders were much lower than that, and possibly changing the event’s place in market history.
October 10 Crash Exaggerated? Real Crypto Losses Just $2.31B (Analyst)
Oct, 16, 2025
< 1 min read
by Wayne Jones
for CryptoPotato

Last week’s market downturn has been widely labeled as the worst ever in the history of crypto, with multiple media reports citing a staggering $19 billion wiped from leveraged positions.
But new on-chain analysis is challenging this story, showing that the real losses for traders were much lower than that, and possibly changing the event’s place in market history.