Carlsbad, CA, Oct. 12, 2025 (GLOBE NEWSWIRE) — Qualigen Therapeutics, Inc. (NASDAQ: QLGN) (the “Company”) today announced the official launch of C10 Cryptocurrency Asset Treasury (DAT) purchases: Why is this pullback the golden moment CXC10 has been waiting for?
The past 48 hours have been brutal for the entire crypto market. Amidst the market’s turbulent volatility, approximately $16 billion in leveraged positions were forcibly liquidated, leaving many investors helpless to prevent a significant decline in their paper wealth.
In times of widespread panic, we must remain calm. Declines often present opportunities. As Buffett famously said, “When others are greedy, I am fearful; when others are fearful, I am greedy.”
Let me share our perspective and plans for the future:
1. Why the Decline: A Healthy, Inevitable “Stress Test”
Over the past 48 hours, the crypto market has experienced an epic deleveraging event. Over $16 billion in positions (81% of which were long) were liquidated across the entire network within 24 hours, wiping out nearly $200 billion in total market capitalization.
We believe this plunge is not a collapse of market fundamentals, but rather a “stress test” triggered by geopolitical factors, the macroeconomic environment, and internal structural leverage. The immediate trigger was geopolitical shocks: Trump’s threat to impose 100% tariffs on China triggered risk aversion in global capital markets, with cryptocurrencies, as high-beta assets, bearing the brunt.
The core issue was excessive leverage within the market. With liquidity drying up near the weekend and late in the Asian session, panic led to a cascade of liquidations, which is the primary cause of this pullback.
Notably, Ethena’s USDe revolving loan issue acted as a “risk amplifier” in this incident. While its brief unpegging only contributed approximately 10-15% of total liquidations, it exposed the vulnerability of some synthetic assets in the industry to extreme market conditions.
Therefore, we believe this is not the beginning of a bear market, but rather an inevitable liquidation of unhealthy leverage and fragile structures within the industry, allowing true value to emerge.
2. Turning Crisis into Opportunity: CXC10 (QLGN) Officially Launches Strategic Asset Purchases Starting Next Week
For many, this is a fearful moment. But for CXC10, it is a moment of opportunity, one for which we are fully prepared. The greatest strength of a disciplined institutional investor is their ability to be fully prepared and remain greedy when others are panicking. We are delighted to see that many of the high-quality assets with excellent fundamentals that we have long focused on are entering our pre-defined, attractive value ranges. The course of time and the tide of history will not be altered by a single, non-systemic, random event. The trend of sustained growth in the value of leading crypto assets will continue. This is also the original intention of our C10 portfolio strategy.
