DWF Labs’ Andrei Grachev: Bitcoin Crash Caused by Tariff Announcement and Leveraged Liquidations — Recovery Expected

COINOTAG News reported on October 11 that DWF Labs Managing Partner Andrei Grachev attributed the recent market crash to a policy-driven tariff announcement and the resulting leveraged liquidation, rather than to underlying exchange failures. Grachev stated, “Today’s market crash was not due to fundamental factors such as the FTX breakdown, but rather due to the tariff announcement and the subsequent leveraged liquidation. Market liquidity has been depleted, but Bitcoin and strong projects should soon recover.” He highlighted depleted liquidity and margin dynamics as primary drivers of the sell-off, noting that high-quality assets like Bitcoin are positioned to stabilize as market conditions and funding stresses normalize.