Größter Krypto-Crash aller Zeiten: War nur ein Missverständnis 🤑/ Biggest crypto crash of all time: Was just a misunderstanding 🤑
Größter Crypto-Crash aller Zeiten: Wer hat manipuliert?
Ein Anleger wettet eine halbe Stunde zuvor auf den Absturz – und macht 160 Millionen Dollar Gewinn. Wer hatte Insider-Kenntnisse?
Die Androhung neuer US-Zölle gegen China hat den Krypto-Markt zum Einsturz gebracht. Der Bitcoin-Kurs etwa verlor innerhalb weniger Stunden rund 14 Prozent an Wert. Ethereum stürzte es um 18 Prozent ab. Kleinere Krypto-Währungen und Meme-Coins wie Elon Musks Dogecoin oder Trump-Coin verloren noch stärker.
Insgesamt dürften 19,3 Milliarden US-Dollar vernichtet worden sein. Das entspricht einem Anteil von fast 0,5 Prozent an der Marktkapitalisierung von 4,2 Billionen Dollar. Damit wäre der Crash der größte Krypto-Crashs aller Zeiten. Beim Covid-19-Crash waren bei einer Marktkapitalisierung von 300 Milliarden Dollar rund 1,2 Milliarden Dollar vernichtet worden, also rund 0,4 Prozent, so BTC-Echo. Beim FTX-Crash waren es etwa 0,2 Prozent.
Eine einzelne Person soll jedoch innerhalb weniger Stunden mit einer Short-Wette 160 Millionen Dollar Gewinn gemacht haben. T3n schreibt: „Kein Wunder, dass die Krypto-Gemeinde hier Insider-Handel vermutet. Nicht zuletzt, weil das entsprechende Konto erst am Tag der Zoll-Ankündigung eröffnet wurde – und: die für den riesigen Gewinn verantwortliche Position wurde erst eine halbe Stunde vor davor gesetzt.“
Crypto com-CEO Kris Marszalek forderte unterdessen eine aufsichtsrechtliche Untersuchung der Krypto-Börsen, die die größten Verluste erlitten hatten.
In einem Beitrag auf X vom Samstag forderte Marszalek die Behörden auf, „eine gründliche Überprüfung der Fairness der Geschäftspraktiken durchzuführen“ und zu hinterfragen, ob Handelsplattformen während des Crashs langsamer liefen, Vermögenswerte falsch bewerteten oder es versäumten, angemessene Anti-Manipulations- und Compliance-Kontrollen aufrechtzuerhalten.
„Die Aufsichtsbehörden sollten sich die Börsen ansehen, die in den letzten 24 Stunden die meisten Liquidationen verzeichneten“, schrieb er. „Waren alle Transaktionen so stark verlangsamt, dass sie praktisch keinen Handel mehr zuließen? Wurden alle Trades korrekt und im Einklang mit den Indizes bewertet?“
Unklar ist, welche Rolle das Trump-Umfeld spielte. Seine Söhne betreiben Krypto-Geschäfte und können, wenn sie Ankündigungen ihres im Weißen Haus residierenden Vaters antizipieren, rechtzeitig reagieren und entsprechend profitable Wetten platzieren.
Nach dem größten Krypto-Crash aller Zeiten schießen Bitcoin, Ethereum und Co. am Sonntagnachmittag bereits wieder in die Höhe. Der Grund: Laut jüngsten Meldungen könnte der ganze Zoll-Crash am 10. Oktober ein einziges großes Missverständnis zwischen Trump und dem chinesischen Staatschef Xi Jinping gewesen sein.
Die größte Krypto-Liquidation in der Geschichte und ein Verlust von 2,5 Billionen US-Dollar an der Marktkapitalisierung des S&P 500 könnten also auf ein großes Missverständnis zurückzuführen zu sein.
Auch US-Vizepräsident JD Vance setzt die Deeskalation nach Chinas klarstellender Erklärung fort. Er sagte am Sonntag: “Wir schätzen die Freundschaft zwischen Trump und Xi. Präsident Trump hofft, dass die USA kein ‘Druckmittel’ gegen China einsetzen müssen”.
Ich zitierte aus folgenden Artikeln...
Mein persönliches Fazit:
Man sieht eindeutig das dem Krypto-Markt immer noch Regulierung fehlt. Schon Anfang des Jahres standen Coinbase, Binance und Wintermute in Verdacht den Krypto-Markt massiv manipuliert zu haben. Anscheinend haben diese es schon wieder getan.
Wieder eine Situation bei der ich vor zockerei warnen kann. Hört auf ,auf zukünftige Preise zu Wetten.
Wintermute: Schneller Ausstieg des Market Makers
Laut Krypto-Händler Hanzo hat Wintermute, ein führendes algorithmisches Handelsunternehmen und einer der größten Liquiditätsanbieter von Binance, nur wenige Stunden vor dem Crash unglaubliche 700 Millionen US-Dollar auf Binance transferiert, darunter allein 200 Millionen US-Dollar in Bitcoin.
Zur Verwirrung trugen Marktexperten wie Martin Hiesboeck von Uphold bei, die behaupteten, der Absturz sei auf eine gezielte Ausnutzung des Unified Account-Margin-Systems von Binance zurückzuführen. Vermögenswerte wie USDe, wBETH und BNSOL wurden manipuliert, was zu Zwangsliquidationen in Höhe von fast einer Milliarde Dollar führte.
Weitere technische Ausfälle der Börse verschlimmerten die Situation: Stop- und Limit-Orders wurden eingefroren, nur Liquidationen wurden durchgeführt, und selbst Händler mit geringem Hebel erlitten hohe Verluste. Zwischen 23:00 Uhr und Mitternacht wurden innerhalb weniger Minuten Tausende von Bitcoins verkauft.
English
Biggest Crypto Crash of All Time: Who Manipulated It?
An investor bet on the crash half an hour earlier – and made a profit of $160 million. Who had inside knowledge?
The threat of new US tariffs against China caused the crypto market to collapse. Bitcoin, for example, lost around 14 percent of its value within a few hours. Ethereum plummeted by 18 percent. Smaller cryptocurrencies and meme coins like Elon Musk's Dogecoin and Trump Coin suffered even greater losses.
A total of $19.3 billion is believed to have been wiped out. This corresponds to a share of almost 0.5 percent of the market capitalization of $4.2 trillion. This would make the crash the largest crypto crash of all time. In the Covid-19 crash, around $1.2 billion was wiped out of a market capitalization of $300 billion, or around 0.4 percent, according to BTC-Echo. In the FTX crash, it was about 0.2 percent.
However, a single individual is said to have made a profit of $160 million within a few hours with a short bet. T3n writes: "No wonder the crypto community suspects insider trading here. Not least because the relevant account was only opened on the day of the tariff announcement – and the position responsible for the huge profit was only placed half an hour before."
Crypto.com CEO Kris Marszalek, meanwhile, called for a regulatory investigation into the crypto exchanges that suffered the largest losses.
In a post on X on Saturday, Marszalek called on authorities to "conduct a thorough review of the fairness of business practices" and to question whether trading platforms slowed down during the crash, mispriced assets, or failed to maintain adequate anti-manipulation and compliance controls.
"Regulators should look at the exchanges that experienced the most liquidations in the last 24 hours," he wrote. "Were all transactions slowed down to the point where they virtually stopped trading? Were all trades priced correctly and in line with the indices?"
It is unclear what role the Trump entourage played. His sons run crypto businesses and, by anticipating announcements from their father, who is residing in the White House, can react in time and place correspondingly profitable bets.
After the biggest crypto crash of all time, Bitcoin, Ethereum, and others are already skyrocketing again on Sunday afternoon. The reason: According to recent reports, the entire tariff crash on October 10th could have been a single major misunderstanding between Trump and Chinese President Xi Jinping.
The largest crypto liquidation in history and a $2.5 trillion loss in the S&P 500's market capitalization could therefore have been the result of a major misunderstanding.
US Vice President JD Vance is also continuing the de-escalation following China's clarifying statement. He said on Sunday: "We value the friendship between Trump and Xi. President Trump hopes the US will not have to use 'leverage' against China."
I quoted from the following articles...
My personal conclusion:
It's clear that the crypto market still lacks regulation. At the beginning of the year, Coinbase, Binance, and Wintermute were suspected of massively manipulating the crypto market. Apparently, they've done it again.
Another situation where I can warn against gambling. Stop betting on future prices.
Wintermute: Market Maker's Rapid Exit
According to crypto trader Hanzo, Wintermute, a leading algorithmic trading firm and one of Binance's largest liquidity providers, transferred an incredible $700 million to Binance just hours before the crash, including $200 million in Bitcoin alone.
Added to the confusion were market experts like Martin Hiesboeck of Uphold, who claimed the crash was the result of a targeted exploitation of Binance's unified account margin system. Assets such as USDe, wBETH, and BNSOL were manipulated, resulting in nearly $1 billion in forced liquidations.
Further technical outages on the exchange exacerbated the situation: Stop and limit orders were frozen, only liquidations were executed, and even low-leverage traders suffered heavy losses. Between 11:00 PM and midnight, thousands of Bitcoins were sold within minutes.
Posted Using INLEO
Finger weg von Hebelprodukten, ist meine Devise. Gerade bei Krypto, das ist schon so sehr volatil.
Manche müssen eben durch Schmerz lernen.
Interesting how when $700M moves hours before a crash, everyone screams manipulation. But when someone makes $160M thirty minutes before the tariff announcement, we call it coincidence.
Real question: why did Binance freeze stop-limits while only executing liquidations? That’s beyond insider trading—that’s asymmetric system design.
If it really was just a Trump-Xi misunderstanding, why didn’t the market recover immediately after their call? Seems like Wall Street was betting on good news too.
Without regulation that prohibits manipulation, things will continue like this without anyone being punished.
True, but we have SEC and insider trading still happens. Regulation only punishes after—can’t stop that moment.
Wall Street with 100 years of regulation still has this problem. Crypto being borderless and 24/7 makes it way harder.
I believe the SEC is part of the game. It's not about protecting small investors, but rather about protecting the assets of money managers. But that's my personal conspiracy theory. 😇
You've nailed it. Regulation will always lag behind innovation. The system isn't designed to prevent the crime, but to manage its fallout.
The goal isn't to stop the game, but to control who gets to play.🙂
How disgusting ... but also, easy to understand. Just straight manipulation. Evil folks taking candies from babies while we wait on a harvest in due time...
Yes, it's difficult for 99% of people to understand what kind of game whales are playing. But anyone who studies them closely can get a piece of the pie. The naive ones always get eaten first.
It is so sad and yet so inevitable ... I have spent 2.5 years trying to get folks out of the naive camp ... those that moved did and are doing well, but it grieves me that so many did not want to learn. They are learning now, and will learn even more next year.
https://x.com/lee19389/status/1977834113668419665
#hive #posh
If that information is true and that person earned that amount of money, it is assumed that he handled classified information because not even Mido was a fortune teller. It is also a very good detail to know that it is a giant collapse in the cryptocurrency market.
It wasn't manipulation, so what else was there? People say that manipulation has ended in this market now, but that can't happen. The same market is being controlled right now. When its market cap increases, it won't be able to be controlled like gold.
In letzter Zeit erwischt es die Glücksritter sehr häufig, aber ich mache mir da keine Sorgen, es kommen immer wieder welche nach. 😉
🤭🤣
It is something that can happen and well, market manipulation happens. What a sector does with the capacity to slightly alter the established order and thereby obtain an excellent return on its investments. From there, it could all be a strategy, I say, to try to select the number of investors involved and thus keep the best profits.
I think this is the right time for the crypto market to have some regulation
!BBH
This crash shows that the crypto market is still not sufficiently regulated. There will always be the potential for losses. I think investors should avoid speculative betting and invest from a long-term perspective. Thank you for raising such an important point.
Betting on future prices is not the best option since it can be manipulated, as has been seen in recent days. The market crisis leads us to think about not betting everything on a single basket, but diversifying is the best option, and having other investments also helps a lot.
https://www.reddit.com/r/Kryptostrassenwetten/comments/1o9pevz/größter_kryptocrash_aller_zeiten_war_nur_ein/
This post has been shared on Reddit by @wissenskrieger through the HivePosh initiative.