One year ago today, $19B in crypto positions got liquidated in one of the biggest wipeouts ever.
Leverage turned a regular sell-off into a massacre.
A year later? Same lesson.
When everyone's over-leveraged, it takes one wick to trigger a cascade that nukes the entire market.
The market never forgets. Don't be exit liquidity.
Leverage turned a regular sell-off into a massacre.
A year later? Same lesson.
When everyone's over-leveraged, it takes one wick to trigger a cascade that nukes the entire market.
The market never forgets. Don't be exit liquidity.