The crypto market experienced a massive liquidation event on October 10, leading to significant losses for traders. Experts like MartyParty allege market manipulation by centralized exchanges contributed to the crash. Bitcoin and other major cryptocurrencies have continued to decline following the event. Over $20 billion in liquidations occurred, impacting over 200,000 traders and resulting in nearly $700 million in losses. MartyParty predicts lawsuits against those responsible and believes the liquidations could set the stage for future price increases. He criticizes centralized exchanges for their opacity and susceptibility to manipulation. Crypto Emre alleges Binance can easily orchestrate crashes by using private trading bots to open short positions and manipulate token prices. He claims Binance profits by replacing sold tokens at a lower cost, hindering the potential for a sustainable bull market. The possibility of regulatory action against these practices remains uncertain.

On October 10, the crypto market experienced its largest liquidation event in history, prompting experts like MartyParty to predict a surge in lawsuits and class action claims against what he describes as “market manipulators.”  Expert Claims Manipulation Led To October 10 Crypto Crash The aftermath of this crash has seen Bitcoin (BTC) and other major cryptocurrencies continue their downward trend this week, with BTC recently falling below the critical $110,000 threshold.

MartyParty dự báo một đợt tăng giá stablecoin sắp tới sau khi thực thi luật MiCA stablecoin.