Our Summary:Crypto liquidations have hit nearly $610 million in the past 24 hours, with leveraged bulls suffering the most losses ahead of the FOMC Meeting Minutes scheduled for October 7. The recent liquidation cascades raise doubts about the expected 'Uptober' rally, which has yet to materialize. Market experts attribute the intensified long squeezes to macro events, including the inflation report and Fed rate decision, which may impact the rising leverage seen in altcoins and tokenized securities