Qualigen Therapeutics Announces the Official Launch of C10 Cryptocurrency Asset Treasury (DAT) Purchases
Why Is This Pullback the Golden Moment CXC10 Has Been Waiting For?
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.

