Before diving into the current state of crypto liquidity, it’s crucial to acknowledge the context. We’re operating in the immediate aftermath of October 10th, 2025, which marked the largest single-day liquidation event in crypto history. Over $20 billion in leveraged positions were forcibly closed within 24 hours, triggered by a sophisticated exploit of Binance’s collateral … Continue reading The Liquidity Paradox: Bitcoin’s Structural Advantage in a Self-Funded Market