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.
#Macro Insights#
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.
#Macro Insights#