29 Sept 2025
The cryptocurrency market witnessed its largest single-day liquidation event in history, causing a massive dump and subsequent rapid bounce for Ethereum. This volatile period, characterized by unusual ETF activity and precisely timed geopolitical news, indicates a calculated market maneuver rather than uncoordinated fluctuations.
The crypto market experienced the largest single-day crash in history, with an officially reported $2 billion in liquidations; however, Bybit alone recorded $2.1 billion, suggesting the actual total reached $8-10 billion, surpassing previous events like FTX and Co.
Despite the significant market crash driving Ethereum down to $2100, a substantial buying presence facilitated a rapid bounce back to $2400.
During the market downturn, BlackRock notably abstained from buying Bitcoin, and most other ETFs sold their Bitcoin holdings. Conversely, these same ETFs collectively purchased $83 million worth of Ethereum, marking an unusual and significant divergence from typical market behavior.
A minor hiccup in the S&P 500 and the initial crypto market drop were linked to the United States imposing tariffs on Canada, Mexico, and China, which ignited fears of a trade war. A deal was quickly reached with Canada and Mexico, pausing US tariffs for 30 days and coinciding with the market's recovery on Monday following the Sunday crash.
China retaliated by imposing 10-15% tariffs on US oil, agricultural equipment, and coal, leading to another slight dip in the S&P 500 pre-market and Bitcoin. However, the impact of these tariffs is considered minor due to China's low import volumes from the US in these specific sectors, and President Trump is expected to resolve the dispute through a call within 24 hours.
Trump's World Liberty Financial acquired an additional 86,000 Ethereum within 7 hours during the market dip, bringing their total holdings to approximately 400,000 Ethereum. This $200 million investment makes Ethereum 65% of their total crypto allocation, with minimal Bitcoin holdings.
The rapid sequence of events—including a Sunday night market crash without significant news, the swift resolution of trade tariffs, and Trump's company actively buying Ethereum during the dip—suggests a coordinated strategy to induce liquidations and acquire assets at lower prices.
Eric Trump publicly endorsed buying Ethereum, stating it was a 'great time to add Ethereum,' which further reinforced the perception of a planned market move following the price decline and subsequent strategic purchases.
President Trump's AI and crypto advisor, David Sachs, is scheduled to host a press conference on February 4th at 2:30 p.m. Eastern Time. The conference will address digital assets and America's position as a leader in the space, implying significant crypto-related news is imminent.
The speaker maintained spot positions in Ethereum, Solana, and Bitcoin during the crash while closing Futures trades. Subsequently, the speaker re-entered the market by deploying approximately $1 million into Ethereum, SPX, Pepe, and significantly into LDO (Lido Finance), anticipating a major pump following the David Sachs press conference, with plans to add another $1 million if prices dip further.
The speaker promotes Bybit, offering up to a 42% discount on trading fees and initial deposit bonuses of up to $30,000 via a referral link. Additionally, membership to their trading club is encouraged for immediate trade alerts, educational resources, and copy trading options, including a beginner trading course.
The colossal market dump and widespread liquidations were not mere coincidences, but rather part of a discernible strategy.
| Event | Timing/Context | Impact/Significance |
|---|---|---|
| Massive Crypto Liquidation | Single day, surpassing FTX/Co events | Billions in liquidations, pushing Ethereum to $2100, presented as a 'cascading event'. |
| US Tariffs & Trade War Fears | Imposed on Friday, leading to market dip | Created market FUD, especially on a Sunday night when support is low, contributing to the liquidation event. |
| Trump's Company Buys Ethereum | During the dip (Ethereum at $2100) | World Liberty Financial bought 86,000 ETH ($200M), making ETH 65% of their crypto allocation, indicating strategic buying. |
| Resolution of Tariffs | Deal with Canada/Mexico announced Monday | Tariffs paused, S&P 500 pumps, Bitcoin recovers; suggests a coordinated positive news release post-liquidation to drive market up. |
| Eric Trump's Endorsement | 'Great time to add Ethereum' statement | Public encouragement to buy after the market dip, aligning with his family's company's actions and reinforcing a bullish narrative. |
| David Sachs Press Conference | Scheduled Feb 4th, 2:30 PM ET | Announcement regarding digital assets and US leadership expected, providing a potential major catalyst for a further market pump. |
| China's Counter-Tariffs | Post-US tariffs, causing minor market dip | Considered FUD; expected to be resolved, suggesting US trade disputes are manageable and not a long-term threat to the market. |
| Speaker's Trading Decisions | Re-entered ETH, LDO, PEPE after dip | Strategic investment in Ethereum-focused assets, anticipating a major pump following the David Sachs press conference and perceived market manipulation. |
