Finally, something called "Blackswan" has happened. A bad event, a crash that no one could foresee. I still remember the blackswan on March 13, 2020, when $BTC dropped from nearly 10k $USDT to 3k $USD in a few hours. More than 50% of my friends completely left the market after that day. This crash isn't as scary as that day, focusing on mid-tier alcoins. However, the market is becoming more mature and stable, and this event has REKT many long and short players much more than before. The most ever - totaling over 19 billion USD (including both CEX and various DEXs like Hyperliquid...). Those who are still confident that playing futures with just x2 or x3 is safe today have also faced regret. Back in the years 2017-2020, some friends liked to place spot orders at really low prices (/10 and more) on tokens with low liquidity and just left them there hoping for strong market crashes. If they did that last night, they surely would have scored big 😁 The price of $USDT is rising strongly, proving that the buying force is still significant. This crash hasn't discouraged many... I lost several tens of thousands USD in this crash, all of which were hold spots, with the most loss in $atom and $ronin. Did anyone lose a lot?
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