Crypto Market Crash Today [ LIVE] Updates October 11th

**Historic Crypto Market Crash Triggers Record $19.16 Billion Liquidation Event**

The cryptocurrency market experienced an unprecedented liquidation catastrophe on October 11, 2025, as over $19.16 billion was wiped from digital asset positions within hours. This massive crypto market crash represents the largest liquidation event in blockchain history, dwarfing previous market downturns by extraordinary margins.

The devastating sell-off proved 20 times more severe than the March 2020 COVID-19 cryptocurrency crash and significantly exceeded the $1.6 billion FTX exchange collapse. Bitcoin, Ethereum, and major altcoins faced intense selling pressure as leveraged positions across centralized exchanges and DeFi protocols were forcibly closed.

This historic crypto liquidation event highlights the extreme volatility inherent in digital asset markets and the risks associated with high-leverage trading strategies. Cryptocurrency investors and DeFi participants watched billions in value evaporate as automated liquidation mechanisms triggered cascading sell-offs across major trading platforms.

The unprecedented scale of today's crypto market crash underscores the growing institutional presence in digital assets while demonstrating how quickly sentiment can shift in the volatile cryptocurrency ecosystem.