The Wolf Of All Streets Bitcoin CRASHES - Over $19B MASS Liquidation! Is The Cycle Top In?
22 snips
Oct 13, 2025 Lawrence Lippard, an author focused on monetary debasement, joins market commentator Mike to discuss the recent $19 billion crypto liquidation and its implications. They explore how U.S.–China trade tensions have affected global markets, and delve into the bullish outlook for gold and silver amid volatility. The pair also analyze why Bitcoin’s resilience stood out in the chaos and consider how potential stock market crashes could actually bolster Bitcoin’s appeal. Systemic risks and the shifting landscape of wealth allocation are key topics too.
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Volatile Collateral Doubles Effective Leverage
- Crypto margining often uses volatile crypto as collateral, which amplifies effective leverage during drops.
- Dave Weisberger explains this double-leverage hinge causes cascade liquidations when collateral and positions fall together.
Liquidity Lives Near The Top Of The Book
- Electronic market liquidity concentrates near the bid and offer, so punching through removes available liquidity fast.
- Dave Weisberger cites a Two Sigma paper showing forced selling deepens moves once bids vanish.
BitTensor's Flash Plunge And Quick Rebound
- Dave recounts BitTensor plunging during the event and then rebounding above its pre-crash level.
- He uses the example to show forced selling can overshoot intrinsic demand briefly.
