CoinGlass announced a total liquidation of 154 billion dollars in 2025. But the reality looks much darker. What if we also consider exchanges that have issues providing data? For example, there is a very high probability that more than 200 billion dollars in liquidations occurred in a single day on October 10th. Even a 19 billion dollar liquidation is almost ignored compared to these figures. The question that needs to be asked is how often the market is exposed to such fluctuations.