$19 B Liquidation & TERRIFYING Bitcoin Attack Exposed

$19 B Liquidation & TERRIFYING Bitcoin Attack Exposed w/ Charles Edwards

Podcast: Bitcoin Archive w/ Archie |  Date: October 15 2025

In the latest episode of Bitcoin Archive, fund manager Charles Edwards (Capriole Fund) joined host Archie to unpack one of the most volatile weeks in Bitcoin’s history and to sound the alarm on a looming technological threat.

The discussion opened with the October 12 price crash, triggered by renewed U.S.–China tariff fears and a cascade of leveraged liquidations—the largest in four years, wiping out roughly $19 billion in positions.

While altcoins collapsed 60–90 percent, Bitcoin fell only about 15 percent, underscoring its growing institutional backbone. Edwards noted that treasuries and ETFs now hold nearly 12 percent of all Bitcoin, buying the equivalent of five times the daily mined supply, a dynamic he sees as “hard to be bearish against.”

Yet Edwards warned of a far greater risk ahead: quantum computing. Within two to eight years, he said, machines could reach enough qubits to break Bitcoin’s current encryption. Unless the developer community agrees on a quantum-proof migration by next year, “it could be too late.”

Despite these concerns, Edwards remains cautiously bullish for the next 6–12 months, citing strong institutional demand and expanding global liquidity. Long-term, he expects Bitcoin’s returns to compress as it matures into a global savings technology—“the most boring, but most trusted, asset in the world.”