One Year After October 10 Crypto Crash, Bitcoin Remains Below Its Pre-Liquidation Peak

October 10 marks the first anniversary of the massive cryptocurrency liquidation event that reportedly wiped out more than $19 billion in leveraged positions across approximately 1.6 million traders.
Just four days earlier, on October 6, 2025, $BTC had reached an all-time high above $126,200. The subsequent selloff triggered widespread forced liquidations and became a defining event for leveraged cryptocurrency markets.
According to the anniversary analysis, Bitcoin remains more than 34% below the peak of the weekly candle associated with the crash, despite recovering from lows near $58,000 in June.
The prolonged recovery illustrates how extreme leverage and forced selling can reshape market structure long after the initial volatility subsides. Historical liquidation figures may vary by data provider, while past price levels do not determine the direction of future market movements.