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Top 5 largest liquidation events in crypto history and their cause:
1) 11 October 2025 (today) - USA & China trade war: $19.3B
2) 19 May 2021 - China & Elon FUD: $8.5B
3) May 2022 - Terra/Luna collapse: ~$3-5B
4) 12-13 March 2020 - COVID Black Thursday: $3.8B
5) 8-12 November 2022 - FTX collapse: ~$2-3B
Crazy to see that today's liquidations exceed all other 4 COMBINED.
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