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Crypto analyst warns market crash wiped out $400B
Yahoo Finance·2025-10-12 17:11

Crypto commentators are challenging official data around the Oct. 10 market meltdown, suggesting the true size of the liquidation wave may have reached 300billionto300 billion to 400 billion, far higher than the reported 19billion.CryptoanalystKellyKellamarguedthecrashwasmuchbiggerthanreported,writingonX:Couldbeinthe19 billion. Crypto analyst Kelly Kellam argued the crash was “much bigger than reported,” writing on X: “Could be in the 300B–400Brange!Evenifitshalfthelowsideofthat400B range! Even if it’s half the low side of that → 150 BILLION… Did the ‘trustless – transparent’ narrative just get destroyed?” Binance data questioned amid throttl ...