[Matrixport: Crypto Market Experiences Historic Sell-Off, Reshaping Positioning Landscape] On October 13, Matrixport shared its market perspective, stating that the crypto market experienced a historic crash due to Trump's threat to impose a 100% tariff on China. The combination of high leverage and optimistic sentiment triggered cascading liquidations on decentralized exchanges, with insufficient liquidity further exacerbating the sell-off. Ethereum funding rates at one point plummeted to -39%, clearing excessively leveraged positions. This 'capitulation-style sell-off' is believed to have thoroughly reshaped the positioning landscape of the crypto market. As market volatility gradually subsides, new long positions may be rebuilt.