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T KobeissiLetter
The Kobeissi Letter
@KobeissiLetter

The more you learn about the October 10th crypto liquidation, the crazier it gets: First, crypto began selling off at 9:30 AM ET, well before the first tariff post at 10:57 AM ET. At this point, many "whales" were already loading shorts in anticipation of a big drop. Then, at 4:30 PM ET and 4:49 PM ET, a "whale" purchased over $23 MILLION of shorts. Where it gets even more crazy is that longs were liquidated at a 7:1 ratio to shorts, also historically high. This means that the vast majority (likely 80%+) of the 1.6 MILLION traders who were liquidated were levered long. The "whales" then promptly sold shorts into the 5:20 PM ET bottom, just 30 minutes later, as volume crushed longs. Volume was so strong that it led to the first EVER $20,000 candlestick in Bitcoin, a -$380 BILLION drop in market cap, before a V-shaped bottom as shorts were closed. Not only was this the largest liquidation ever, it was 9 TIMES the previous record. This event will be referenced for years to come.

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277 replies collected of 350 X reports
Rora @VeilTrades ·

@KobeissiLetter No crying in the casino

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Crypto with Haris ₿ @Crypto__Haris · 59K

@KobeissiLetter Absolute madness

Faceless @facelessbuilds ·

@KobeissiLetter So someone knew before the tariff announcement. The question isn't who was shorting - it's who was feeding whales information 90 minutes early. That's the actual story here.

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Chain Alpha @Chain_AlphaX · 15K

@KobeissiLetter Whales knew. You didn't. NGMI. #rekt

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VanceTrump2028🇺🇸🇺🇸 @VanceTrump2028 ·

@KobeissiLetter No it won’t moron.

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sj @SharmaJashn ·

@KobeissiLetter It was predictable and predicted years ago

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slick.hl @SlickDeFi ·

@KobeissiLetter That wasn’t a crash, it was a coordinated liquidity harvest. Whales didn’t predict the drop, they engineered the conditions for it. History will remember October 10th as the day leverage met precision.

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Sunny Singh @sunnys2k3 ·

@KobeissiLetter Not surprising when a President is involved

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StockMarket.News @_Investinq · 88K

@KobeissiLetter x.com/_investinq/status/197711… Trade responsibly guys, markets can take more than just your money.

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Old Eagle Driver 🇺🇸 @OED104_0 ·

@KobeissiLetter Has got to be illegal.

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The Master Builder @KingsProtocol · 52K

The October 10th crash wasn’t just historic. It was surgical. Calculated. Premeditated. Most think it started with the tariff post. Wrong. Smart money began exiting at 9:30 AM sharp. Hours before the narrative hit the timeline. By 4:30 PM, a $23M short position was placed. Not a coincidence. A prophecy being fulfilled. A trade only insiders could time with such precision. Then came the slaughter. 1.6 million traders wiped. Longs outnumbered shorts 7 to 1. That’s not bad luck. That’s a setup. Bitcoin fell $20,000 in one candle. A $380B flush. The largest liquidation in crypto history — 9x the previous record. And just like that, The bottom came. Shorts closed. Volume cooled. Balance restored. But the memory won’t fade. This wasn’t just a crash. It was a lesson. A warning. And a reminder: Retail gets the news. Whales get the timeline. — The Master Builder 👑 @KingsProtocol

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Plat⬡s S⬡n @platos_son ·

@KobeissiLetter I survived the October 10th crypto crash x.com/platos_son/status/197713…

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Pedro @PedroCodfish ·

@KobeissiLetter Yes it will be referenced for years to come as ‘a cunts move’

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Victor @VictorCastedoS ·

@KobeissiLetter This is what happens when you let the traditional market whales in to do what they always do with fiat money.

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Thurm @World_21m ·

@KobeissiLetter Where do we go from here is the question. Start of the bear 🐻 or flush for a continued move higher ?

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Steve Ostereo @SRobost ·

@KobeissiLetter It is just Trump's money-making game.

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SniffingGains @SniffingGains ·

@KobeissiLetter The whales always ‘coincidentally’ have perfect timing 😉

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nick @burl8893 ·

@KobeissiLetter The “whales” in question are just Israel

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Khacterina 🦋 @khacterina ·

@KobeissiLetter If anyone looked at a crypto chart or an index. It was primed for a short. Just nobody expected a tweet bomb

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Dimitrios Paolo @dimitriospaolo ·

@KobeissiLetter if you found yourself panicking, you shouldn’t be involved in the markets. take it as friendly advice.

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Data Driven Stocks @stockdatamarket · 19K

@KobeissiLetter All well planned and orchestrated. Retail money handout

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Nikolian B. @NikolianBehari ·

@KobeissiLetter Yeah the manipulation is clear.

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JeebsTX 🇺🇸 @JeebsTX ·

@KobeissiLetter Translation: Big FU to all retail investors x.com/JeebsTX/status/197713807…

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Intelligent Investor @investigato89 ·

The timeline here is fascinating - crypto started selling off at 9:30 AM, but the first tariff post wasn't until 10:57 AM. That's a 90-minute gap where whales were already loading shorts. How did they know to position beforehand? Was it: • Insider information leaking early? • Advanced sentiment analysis picking up signals? • Just an incredible coincidence? The $23M in shorts right before the crash seems too precise to be luck. What are your thoughts on how they anticipated this move?

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Anthony Harley @anthony_harley1 ·

@KobeissiLetter Is there any chance there was a coordinated liquidation from China and/or allies?

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Cres 🦋 @CressyBalbs ·

@KobeissiLetter 10-10-25 😓

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boom💥 @afkboom ·

@KobeissiLetter So was it coordinated or was it just a cascading system of ‘copy trading’ and self fulfilling prophecy?

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Alonso Ramón Díaz @aramondiaz ·

@KobeissiLetter 👀😵‍💫

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HadsenXBT @HadsenXBT ·

@KobeissiLetter bottom signal

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Decaysurfer @decaysurfer ·

@KobeissiLetter The largest pig butchering operation in history

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The Market Edge @TheMarketEdgeAI ·

This wasn’t just a liquidation. It was a masterclass in market mechanics. Key Takeaways: -Whales set the stage hours before headlines hit—timing matters more than news. -Longs were wiped out at a historic 7:1 ratio, highlighting extreme leverage risk. -The $380B wipeout and $20K candlestick prove how quickly liquidity can evaporate. 👉👉The Edge View: Retail often gets trapped in momentum. Smart players anticipate the cascade, positioning ahead of the crowd. Understanding the mechanics of leverage, order flow, and timing isn’t optional—it’s the difference between surviving and getting liquidated.

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Dɞɱ @ddbmxacc ·

@KobeissiLetter Contrarían perspective: those whales weren't actually Trump's friends but actually Chinese entities reacting to the tariff heads up from the white house, carefully planned to drain even more dollars from the system

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steve brophy @sbrophy294 ·

@KobeissiLetter Thanks for the short story. No pun intended.

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Canarinho Tricolor @BBWhite__ ·

@KobeissiLetter @grok is this a sign of a functional market?

Trollinaire @trollinaire ·

@KobeissiLetter That was insane!

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stackthesats 💹🧲 @stackthesats_ ·

@KobeissiLetter laughs in barron trump

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7thGeneration @7thGeneration3 ·

@KobeissiLetter Corruption at high levels. Blatant.

Michael East @East8East ·

@KobeissiLetter Can’t wait till our financial system is based ont this.. fucking clowns

Stefan Blom-Hanssen @blomhanss ·

@KobeissiLetter Normal for crypto

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rob illingworth @illingro ·

@KobeissiLetter The corruption and grift of this administration will lead to its demise… flawed policy is no longer the main issue

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Krillan @krillankrypto ·

@KobeissiLetter Someone needs to go to jail fot this

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Dupree @DupreeDMcCall ·

@KobeissiLetter This is just the beginning my friends

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ZeroMazed @ZeroMazed ·

@KobeissiLetter ai handling the agents so i can stare at charts and pretend i know whats happening. coinstats is my witness.

SRaymo @seth_raymo54635 ·

@KobeissiLetter Own Assets OR Be Left Behind.

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James Walston @JamesWalston ·

@KobeissiLetter Sounds like criminal conspiracy to commit financial crimes.

Brian Smith @smithwbrian68 ·

@KobeissiLetter So much for the "decentralization" security theory. And just wait until the market really corrects- Bitcoin/crypto will be the first to go and will be wiped out.

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Yiano @Yianosh ·

@KobeissiLetter If the whales can do that during a holiday weekend, why not just keep wiping out leverage on both sides? Seems like easy money if you have the stack.

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George @Thecityismine_x ·

@KobeissiLetter The Great Flush of 2025. Whales ate leverage traders for breakfast then walked away with their pockets full. Pure carnage 🩸🐋

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33 replies whose parent comment X withheld

Intelligent Investor @investigato89 ·
Rora @VeilTrades ·

@AnonMonny @KobeissiLetter You really thought you did something 😂

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Rora @VeilTrades ·

@AnonMonny @KobeissiLetter Bro started an argument and blocked me 😭 Single brain cell behavior

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Anthony Harley @anthony_harley1 ·

@imjohnb @KobeissiLetter Market reaction was literally caused by China tariffs...

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Intelligent Investor @investigato89 ·

@WollesTweet @KobeissiLetter Who is daddy? :)

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Intelligent Investor @investigato89 ·

It’s not just you, many people have reported issues buying bitcoin in the past 10 days. The crypto market has seen extreme volatility and disruptions after the recent major selloff and regulatory changes in early October 2025, plus some exchanges are having delays or tighter restrictions due to increased government scrutiny and anti-money laundering rules. You might want to check if your platform has posted updates or try another reputable exchange. Hopefully things settle soon!

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Student of markets. @tictocstudent ·

@realBored2Much @KobeissiLetter Exactly. The next one’s always bigger — not because the market changed, but because nobody did.

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Tyler Plus @CalvinTyle92993 ·

@investigato89 @KobeissiLetter Thanks for your response I feel a little better

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Intelligent Investor @investigato89 ·
Intelligent Investor @investigato89 ·

@therizmonster @KobeissiLetter Sometimes coincidences really do happen, and looking for the good in people usually leads to better outcomes.

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Student of markets. @tictocstudent ·

It’s not either/or. Markets are engineered systems with incentives. Whales exploit structure; retail supplies liquidity. Responsibility is choosing size, leverage, timing, and invalidation knowing that. So do both. Price the manipulation (funding, liquidity windows, cascade risk). Own your execution (no forced entries, hard stops, defined max loss). Trade structure, not the story. Blame explains the past. Rules pay the bills.

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San4.hl @San4ouz ·

@es_prop_trader @KobeissiLetter By adjusting I meant trade wisely, using hedges, dont hold money on 1 exchange, dont overuse leverage. Basically you have unwrapped my thought :)

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JeebsTX 🇺🇸 @JeebsTX ·
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JeebsTX 🇺🇸 @JeebsTX ·

@atonyr510 @KobeissiLetter Well, they know what they’re doing! 🦈

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YODABEAST @atonyr510 ·

@JeebsTX @KobeissiLetter Whale, very Whale 🐳🌊

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JeebsTX 🇺🇸 @JeebsTX ·

@atonyr510 @KobeissiLetter 😂😅💯🙌

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100 @100habit ·

@imjohnb @anthony_harley1 @KobeissiLetter Valid question, how about offer a constructive comment and not troll

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Joe Mama @goldbugger ·

@BTCCounselor @KobeissiLetter No it isn't. And now you're blocked. Buh-bye!

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WollesTweet @WollesTweet ·
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John Treble (J3) 🇨🇦🇺🇦 @jtreble_deriv ·

@DougAnderson444 @KobeissiLetter “Did I do it wrong?” Yes. You were supposed to be leveraged 100x. Noob.

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rob illingworth @illingro ·

@toexpose2024 @KobeissiLetter 🤣 if you genuinely believe that insider trading ahead of govy/corporate newsflow has not ballooned exponentially since Jan you either haven’t been paying attention to the options market or need to lay off the weed bro

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theexposer2001 @toexpose2024 ·

@illingro @KobeissiLetter fking cryprotard insider trading in crypto has been going on for over a decade, tether being the main culprit , go back to your basement dweeb, lay off the soy homosexual pegged smooth brain lexlaw.co.uk/cryptocurrency-bi….

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rob illingworth @illingro ·

@toexpose2024 @KobeissiLetter bro underlining my point Crypto always a market easily manipulated by whales and insiders. In the grown up world we are not used to that and over time won’t stand for it. now pervasive across corps/index. In end the world is run by grownups, not moon boys. Sry you got stopped bro

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John Epler @epler_john ·

@floridaman11112 @KobeissiLetter Trump's Initial threat of Tariff retaliation. Within seconds of Trump's post the market headed down. That info would have been useful for a few insiders. Check TruthSocial timeline: Donald J Trump Truth Social Post ( Donald J. Trump - Oct 10, 2025, 10:57 AM ET )

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theexposer2001 @toexpose2024 ·

@illingro @KobeissiLetter take some tds meds seems like you got liquidated last Friday, good thing im in the grown up section not the infantile department still wearing diapers like you soy nut. you think the stock markets aren't manipulated either? lmao fk out of here fetus

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rob illingworth @illingro ·

@toexpose2024 @KobeissiLetter 🤣started at inv bank 2000 boss at CS was the guy at the end of “the big short” only banker indicted amidst the credit crisis. “a genius”seen how manipulation/fraud ends eventually. Narratives change, outcomes rarely do. may well not be yet, see you in a year, good luck bro

Florida Man @floridaman11112 ·

@epler_john @KobeissiLetter Lol that’s not what caused it. That just happened to come out at the same time. Why tf would a tariff threat cause this when the rest of them didn’t?

An fhìor rudeigin @eigin ·

@goldbugger @BTCCounselor @KobeissiLetter To clarify: that's a chart of the S&P500 index. It is in a lot of retirement funds

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GuU (👑,👑) @GuuGod777 ·

@CoruptionExposd @KobeissiLetter There's always a next time...

Brian Smith @smithwbrian68 ·

@CoruptionExposd @KobeissiLetter Your post is entirely irrelevant. What I stated has been, is and will be accurate. When the market substantially corrects, as it is likely to, Bitcoin/cryptos are gone.

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MCW @merrittcw5 ·

@CoruptionExposd @KobeissiLetter Been around all cycle and we haven’t gotten one 20k candle to the upside. I don’t believe that’s ever happened either.

The ₿itcoin Counselor @BTCCounselor ·

@eigin @goldbugger @KobeissiLetter 100% the point I was trying to make. You got it!

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