The Milk Road Show

Ethereum Will Break All-Time Highs by the End of 2025 w/ Milk Road PRO

11 snips
Oct 13, 2025
Kyle Reidhead, Head of Research at Milk Road, and macro expert John Gillen delve into the recent liquidation cascade in crypto. They explore why Ethereum remains resilient and the potential for it to reach new all-time highs soon. Institutional buying and upcoming network upgrades are pivotal factors. The discussion also touches on the sustainability of retail versus institutional flows in driving price increases. With predictions spanning from November to December for ETH's peak, the conversation is packed with insights and optimism for the crypto market's future.
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ANECDOTE

Seeing The Crash From A Plane

  • Kyle missed the crash while on a plane and only saw the aftermath after an hour and a half offline.
  • He described waking up to massive wicks and asked on Twitter what happened, illustrating how fast the move occurred.
INSIGHT

Macro News Caused Crypto-Only Liquidation Cascade

  • The Trump-China tariff announcement triggered a risk-off move while traditional markets were closed, concentrating selling into crypto.
  • That concentrated selling plus exchange plumbing led to cascade liquidations and extreme temporary price wicks.
INSIGHT

Major Assets Survived Record Liquidations

  • The event produced the largest single-day liquidations in crypto history, near $20 billion.
  • Major assets like BTC and ETH largely recovered, while illiquid small caps suffered deeper, longer losses.
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