According to @milesdeutscher, the prior day’s crypto sell-off was a textbook case of market manipulation executed during an illiquid Friday evening after the US session, with Europe and Asia largely inactive and elevated open interest on altcoins setting up cascading moves, source: @milesdeutscher on X. According to @milesdeutscher, a Trump tariff headline provided the timing catalyst while thin depth and positioning amplified price impact, source: @milesdeutscher on X. According to @milesdeutscher, potential attack vectors included targeted oracle disruptions, API hacks, or exchange engine breakdowns, source: @milesdeutscher on X. According to @milesdeutscher, traders should be alert to post-session and weekend liquidity gaps and closely monitor altcoin OI and infrastructure reliability as key risk factors, source: @milesdeutscher on X.

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 @MilkRoadDaily, traders should not limit their focus to BTC and ETH as open interest in leading altcoins is rapidly increasing. This uptick in altcoin open interest signals growing trading activity and potential volatility across the broader cryptocurrency market, offering new trading opportunities beyond just Bitcoin and Ethereum. Source: @MilkRoadDaily