1010

It’s been a whole year. That night on 10/10, $19.1 billion in leveraged positions vanished into thin air. How many people’s positions didn’t survive that wick?

Now the whole internet is afraid of an anniversary repeat, and the PTSD is real. Old crypto hands see it differently: the people afraid of getting liquidated have already cut their leverage, so there’s less fuel for a cascade. The days everyone is bracing for are often not the most dangerous ones.

Drop a number in the comments: how much did you lose that night? 🕯️

$BTC #1010

Remember last year 10/10 🥲

Just reminder to set those stoplosses and manage you risk… be sure to not blow up any accounts

#1010

🕯 One year ago today: the largest crypto liquidation event in history.
Over $19 BILLION wiped out.
1.6 million traders liquidated.
Bitcoin had just hit an all-time high above $126,200 four days earlier.
That massive red weekly candle still has BTC down more than 34% from its top even after the rebound from June lows near $58,000.
Imagine if October 10 never happened.
#Bitcoin #BTC #Crypto #Liquidations #1010 $BTC