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Friday’s $20B Crypto Market Meltdown: A Bitwise Portfolio Manager’s Postmortem Analysis
12.10.2025
Jonathan Man outlines a $20 billion liquidation day, long-tail air pockets and a positioning reset that left markets on different footing by Saturday
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history
ETH down 6.7% after crypto ‘Black Friday,’ showing more resilience than alts
11.10.2025
Some altcoins lost over 95% of their value during Friday’s crash, which triggered the most severe and rapid liquidations in crypto history