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One year after 10/10 flash crash, bitcoin and ether liquidity have rebuilt, but altcoins still face risks

One year after 10/10 flash crash, bitcoin and ether liquidity have rebuilt, but altcoins still face risks

42% Bitcoin and ether order books are deeper than before the crash, while altcoin liquidity keeps eroding and spot trading remains well below its October 2025 peak.

Ether’s recovery is in some ways stronger.

1Tokenized commodities look beyond gold as lending and oil open new marketsnow 2.

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