According to @simplykashif, there was no major news catalyst, yet many market participants were liquidated, indicating a liquidation-driven move on Dec 1, 2025. The author did not provide specific assets, figures, or tickers and only flagged widespread liquidations in a brief X post. Source: @simplykashif on X, Dec 1, 2025.

According to @bobbyong, widespread liquidations hit crypto perpetual futures, wiping out even 1.5x leverage positions when many assumed only 2-3x would be at risk, source: @bobbyong on X, Oct 11, 2025. According to @bobbyong, traders should enforce strict stop-loss discipline and consider avoiding leverage to reduce liquidation risk after this event, source: @bobbyong on X, Oct 11, 2025.