Bitcoin's $19B Flash Crash: One Year Later, Risks Remain

One year after a $19 billion (USD) crypto flash crash, traders have better risk tools, but the forces behind the selloff have not disappeared.

If better risk tools cannot stop the next flash crash, what actually would? Crypto markets have added monitoring, alerts, and faster liquidation engines since past shocks, yet leverage keeps building back up over time. The open question is whether the industry can design rules that reduce leverage itself, rather than just watching it more closely. Until that changes, each cycle may keep ending the same way, with a sudden crash that better dashboards only help traders watch happen in real time.

https://www.bonuz.xyz/en/blog/bitcoin-19-billion-flash-crash-one-year-later