According to @52kskew, altcoin open interest has dropped more than 50% across major alts, while small-cap alts saw 50-80% of OI wiped out, source: @52kskew on X, Oct 11, 2025. According to @52kskew, the positioning impact is on par with the FTX crash and the COVID crash, with small-cap alts more comparable to the COVID episode, source: @52kskew on X, Oct 11, 2025.

According to @ReetikaTrades, some participants are labeling the latest pullback as a 'dump', a characterization the author dismisses as tradfi-style rhetoric, source: @ReetikaTrades, Aug 29, 2025. The author adds that if the market moves lower, social chatter will likely compare the decline to the 2020 COVID crash, source: @ReetikaTrades, Aug 29, 2025.