One year ago today, more than $19 billion in leveraged crypto positions were liquidated within 24 hours.
Many altcoins dropped by 60–90% during the crash, while major cryptocurrencies like $BTC , $SOL and $ETH also suffered heavy losses.
The sell-off followed Donald Trump’s announcement of 100% tariffs on Chinese imports. High leverage and cascading liquidations made the situation even worse.
This is a reminder that overexposure can wipe out traders very quickly. Proper risk management is essential because the market can move much further than expected in just minutes.
Many altcoins dropped by 60–90% during the crash, while major cryptocurrencies like $BTC , $SOL and $ETH also suffered heavy losses.
The sell-off followed Donald Trump’s announcement of 100% tariffs on Chinese imports. High leverage and cascading liquidations made the situation even worse.
This is a reminder that overexposure can wipe out traders very quickly. Proper risk management is essential because the market can move much further than expected in just minutes.