From a record $20 billion crypto liquidation to Polymarket’s $2 billion raise and a wave of new ETFs on the horizon, the Galaxy Grid team breaks down how leverage unraveled across markets, why DeFi held its ground, and what Wall Street’s entry could mean for the next phase of crypto. This video was recorded on Monday, October 13, 2025. Keep in touch: ▸ Follow us on Twitter:   / galaxyhq     / glxyresearch   ▸ Read our research at /research ▸ Subscribe to receive Galaxy Research's weekly newsletter: /subscribe-to-r... This video, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at /galaxy-digital...