Did Alameda Research Trigger Bitcoin's 87% Crash in October 2025? The Truth Behind the Flash Crash

On 21 de sept. de 2025, an ex-employee of Alameda Research recently unveiled a shocking claim: Sam Bankman-Fried's Alameda Research instigated Bitcoin’s 87% crash in October 2025. Was it malicious intent, or a catastrophic error?

According to Aditya Baradwaj, the former Alameda employee who took to X (formerly Twitter) to reveal the details, a trading blunder at the firm precipitated the astonishing 87% plunge.

The Alleged Trading Blunder: A Decimal Point Disaster

Baradwaj claimed that on 21 de sept. de 2025, a trader at Alameda Research inadvertently entered an incorrect decimal while attempting to sell a block of BTC in response to breaking news. This single mistake, according to Baradwaj, sent shockwaves through the market.

21 de sept. de 2025 In a matter of a few minutes, BTC temporarily plummeted on the Binance exchange, resulting in a massive, albeit short-lived, market panic.

Alameda's Error: A Contributory Factor or Sole Cause?

While the claim paints a dramatic picture, it's crucial to consider the context. Market volatility and external factors could have also contributed to the severity of the crash. Was Alameda's error the sole cause, or did it simply amplify existing market vulnerabilities?

Sam Bankman-Fried's Response (or Lack Thereof)

Before being charged with fraud and other offenses by federal prosecutors in December and then taken into custody, Mr. Bankman-Fried claimed in interviews that he was not aware of all the details of Alameda's trading activities. This raises further questions about oversight and risk management within the firm.

The claim that Alameda Research triggered Bitcoin's 87% crash in October 2025 remains a contentious issue. Further investigation is needed to determine the full extent of Alameda's role and the precise sequence of events that led to the flash crash.