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Market Chaos: Is the Bitcoin Bull Run Over? | Checkmate

By Danny Knowles

Aired Oct 13, 2025 · 1h 10m · Last boosted Oct 15, 2025

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Show Notes

Checkmate is a Bitcoin analyst known for his on-chain & macro research. In this episode, we get into the weekend’s deleveraging event across the markets, the structural fragility it exposed, and why Bitcoin’s resilience through it all might mark a new era of maturity for the asset. Checkmate breaks down what caused over $20 billion in liquidations, how cascading leverage turned minor sell-offs into total wipeouts, and why market makers simply “walked away.” He also explains why Bitcoin’s fundamentals, ETF inflows, spot demand, and deep capital pools make it better positioned than ever despite short-term volatility. We d...

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