Key Market Information for October 11th—A Must-Read! | Alpha Morning News

Selected News

1. The crypto market experiences another "519" event, with the total crypto market cap evaporating by over $60 billions in a short period.

2. Network-wide liquidations in the past 24 hours surged to $19.1 billions, setting a new historical record.

3. Large-cap altcoins are still unable to escape flash crashes, with XRP and DOGE seeing maximum drops of over 53%.

4. The Nasdaq plunged 3.5%, marking the largest single-day drop since April 10.

5. WLFI's official team "bought the dip" at midnight, purchasing $10 millions worth of WLFI, currently facing a floating loss of over 30%.

Articles & Threads

1. "An Epic '1011' Liquidation: 1.6 Million People and $20 Billion Wiped Out, Trade War Resumes and Bloodbath Hits Global Capital Markets"

Unexpectedly, the seemingly uneventful October 11, 2025, has become a day to remember. As of 8 a.m. on the 11th, data shows that over $19.1 billions in crypto liquidations occurred within 24 hours, with more than 1.6 million people liquidated. Every figure sets a new 10-year record in crypto contract trading history.

2. "Which Major Projects Are About to Launch Tokens This Year?"

During the recent National Day holiday, meme coins on the BSC chain were booming. Even during the long holiday, the crypto market was bustling. So, which upcoming token launches can we look forward to, allowing us to participate with more capital in the next wave? BlockBeats has compiled a list of projects that are about to launch tokens.

Market Data

Daily overall market capital heat (reflected by funding rates) and token unlocks

Data sources: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks