
A Year After the $19 Billion Crash, Crypto Leverage Has Not Returned
Twelve months after a record $19 billion liquidation day, the anniversary flush was one-nineteenth the size, and leverage has not returned.

Twelve months after a record $19 billion liquidation day, the anniversary flush was one-nineteenth the size, and leverage has not returned.

Meanwhile raised $37.5 million led by Bain Capital Crypto for its bitcoin-denominated life policies, which pay a death benefit in BTC outside the US.

U.S. government-linked wallets moved about $770 million in seized Bitcoin to Coinbase Prime, while a separate 12,267 BTC transfer linked to the Bitfinex hack sent another $1.01 billion to new addresses.

MARA sent about 996 BTC worth $81.13 million to an address linked to Galaxy Digital, per Lookonchain data. The transfer does not confirm a sale.

US spot Bitcoin ETFs lost $484.9 million on 7 October, their largest daily outflow since June, as forced long liquidations pushed Bitcoin below $81,000.

U.S. spot Bitcoin ETFs recorded $487.07 million in net outflows on October 7, with every tracked fund seeing withdrawals as institutional demand reversed sharply.

Ledger's Crypto Loan lets you pledge cbBTC or wBTC and borrow USDC or USDT inside Ledger Wallet, with variable rates and approval on your device.

US spot Ethereum ETFs lost $201.9 million on October 6, a sixth straight session of withdrawals that has pulled $407.8 million from the funds since September

Bitcoin fell as low as $83,840 and CoinGlass recorded $485.21 million in long liquidations over 24 hours, as oil climbed on Iranian tanker attacks.

US spot Bitcoin ETFs posted $89.9 million in net outflows on Monday. How this fits into a still-positive Q3 and year-to-date tally.

Strive added 2,000 BTC at an average $84,422, but remains fifth and carries $1.29 billion in preferred stock obligations.

Metaplanet sold 10,000 BTC and repurchased 11,000 during its fiscal Q3 2026, raising holdings to 44,000 BTC while testing its liquidity strategy.

Strategy bought 334 bitcoin, but spent $73.7 million repurchasing STRC preferred stock. Its filing shows where the money came from.

Strategy retained billions in stock issuance capacity and flexible cash, but weaker market valuation has raised doubts about funding future Bitcoin buys.

Ether gained 70% in Q3, ahead of bitcoin’s 42%, but its order book depth fell sharply compared with a year earlier.

USDT is planned for an October 2026 return to Bitcoin, but private transfers, support and supply growth will determine whether it gains payments use.

The SEC approved six 3x leveraged ETPs tied to bitcoin, ether and other assets. Registration is still required before they can trade.

Bitcoin ETFs took in $6.3 billion in Q3, but 2026 flows are only $985 million after first-half redemptions.

US bank policy has shifted with leadership. A statutory framework could make Bitcoin custody and settlement rules more durable.

Bitcoin reached $86,857 as short liquidations topped $120 million. ETF demand returned, but remains below its late-September peak.

Core Lightning says node operators using version 26.06.7 or earlier should upgrade after reported attacks on unpatched nodes.

The global crypto market cap fell 2.6% to $2.88 trillion as more than $164 million in leveraged positions were liquidated, mostly affecting long traders.

STX gained 21% in 24 hours as Muneeb Ali was named Stacks Labs CEO and the next Bitcoin staking bonding period approaches.

Bitcoin ETFs logged nine straight inflow sessions totaling $3.1B, while Ether ETFs posted outflows after seven days of inflows.