According to @KobeissiLetter, the crypto market has erased $1.1 trillion in market capitalization over the last 41 days, averaging $27 billion per day (source: @KobeissiLetter). The total crypto market cap now stands about 10% below levels seen during the record $19 billion liquidation on October 10 (source: @KobeissiLetter). The development is described as a structural move by the source (source: @KobeissiLetter).

According to @KobeissiLetter, Ethereum (ETH) is up over 11% on the day and 20% from its Friday low, marking a sharp rebound. Source: @KobeissiLetter. According to @KobeissiLetter, the surge follows a $19.5 billion record liquidation, with dip buyers back in force. Source: @KobeissiLetter. According to @KobeissiLetter, the equity futures market open is going to be big. Source: @KobeissiLetter.

According to @PolynomialFi, the platform had zero downtime "yesterday" during what it called the biggest liquidation in history, source: PolynomialFi on X, Oct 11, 2025. For traders on the protocol, the team’s update indicates uninterrupted platform availability during extreme volatility as reported, source: PolynomialFi on X, Oct 11, 2025.