Arthur Hayes: The liquidation of Centralized Exchanges is the main reason for the big dump of altcoins, and quality projects are difficult to hit the bottom again.

2025-10-11 03:24:20

On October 11, Arthur Hayes posted on social media, stating that rumors suggest that the automatic liquidation of cross-margin positions by large centralized trading platforms is the main reason for the massacre of many alts during this round of fall. Congratulations to all the traders who bought the dip with open orders at low levels; the prices of many quality alts will find it difficult to return to those lows in the short term.

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