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CEX Institutional Report: The clearing events in October will create conditions for a rise in Q4.

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[CEX Institutional Report: October's Liquidation Events Will Create Conditions for Q4 Pump] CEX institutions released a monthly report stating that the liquidation events in October are more likely to mark the beginning of a medium to long-term market strengthening (rather than weakening), with the fourth quarter expected to welcome a “lightly loaded” pump. Excess leverage has been cleared, the fundamentals remain solid, and institutional investors are quietly returning. Savvy capital is gathering around EVM chains, risk-weighted assets (RWA), and yield protocols—indicating that investors are engaging in selective risk reinvestment rather than withdrawal. Main conclusion: Leverage levels have improved, but liquidity gaps still exist; capital is rotating rather than flooding in - selective investment remains crucial; macro risks persist, but structural demand is strengthening. The institution believes this is a bottoming phase before the next round of pump, rather than a cyclical top.

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