Sooooo. This happened.
Crypto markets crashed after Trump threatened an extra 100% tariff on China, triggering $19.1B+ in liquidations, 10x+ the liquidations during the FTX crash
coindesk.com/markets/2025/10/1…
Crypto Price Drop Continues: $16B in Longs Liquidated as BTC, ETH Sell-Off Extends
Trump’s 100% tariff warning on China ignited a global sell-off that wiped out $16 billion in leveraged crypto longs and pushed Ethena’s USDe to a rare sub-$1 print.Sam Reynolds (CoinDesk)
victor tsaran
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