Bull Theory states that one year ago on October 10, 2025, crypto suffered its largest liquidation event with over $19 billion in leveraged positions wiped out, more than 1.6 million traders liquidated and $800 billion erased from market cap in hours.

Bitcoin drops $3100 after $2700 rally, wiping $278M longs post-weak unemployment data while $216M shorts liquidated earlier.

James Wynn liquidated entire 1.86 BTC ($147K) 30x long at $77,243 after flipping from short; BTC price at $77,173 with bearish EMA50 at $77,557.

BTC price at $65461 triggers second liquidation for address 0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57, 1152 BTC short now $1.28M underwater at $65232.5.

James Wynn liquidated five more times with new price at $65,674.74 as BTC trades at $64,233.87 on 4h chart showing EMA50 support.

According to @OnchainLens, trader James (@JamesWynnReal) reopened a BTC short at 40x leverage and was fully liquidated, losing over $100,000 on the position, source: x.com/OnchainLens/status/1988060770115174811; hyperbot.network/trader/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6. @OnchainLens also reports the address’s cumulative PnL drawdown now exceeds $22,000,000 despite a prior winning trade before reopening the short, source: x.com/OnchainLens/status/1988060770115174811; hyperbot.network/trader/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6. Traders can track this address and similar high-leverage activity in real time via the hyperbot.network dashboard for actionable monitoring of liquidation events, source: hyperbot.network/trader/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6.

According to @OnchainLens, trader James (@JamesWynnReal) reopened a 40x BTC short and was partially liquidated, with the position tracked via hyperbot.network/trader/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6; this confirms the adverse move against his short at the time of liquidation, per the update on Nov 9, 2025. Source: Onchain Lens on X; hyperbot.network. Partial liquidation indicates the position’s margin fell below maintenance requirements, triggering automatic size reduction while keeping the trade open, which is standard risk control for leveraged futures. Source: Binance Futures documentation. For trading, the event underlines that BTC shorts at 40x leverage are highly sensitive to small adverse price moves and can incur rapid drawdowns; monitoring the referenced Hyperbot page and the Onchain Lens feed can help gauge ongoing position status and short-side stress. Source: Binance Futures documentation; hyperbot.network; Onchain Lens on X.