October was supposed to be 'Uptober.' The market had other plans.
In one month, about $360 billion in total crypto value was wiped — from $2.94 trillion down to $2.58 trillion. $BTC fell from $87,220 to about $77,300. $SOL dropped from $124 to about $92 — a quarter of its value, gone in 30 days.
And today alone, about $427 million in positions were liquidated — roughly 93,000 traders, most of them longs, with the single biggest loss $11.43 million on one trade.
The math is simple: when leverage meets a falling market, the market does not negotiate.
Lesson: size small, skip leverage, and never bet money you cannot afford to lose.
Did October change how you will trade November?
#CryptoNews #TradingLesson
Not financial advice — just my market notes.
In one month, about $360 billion in total crypto value was wiped — from $2.94 trillion down to $2.58 trillion. $BTC fell from $87,220 to about $77,300. $SOL dropped from $124 to about $92 — a quarter of its value, gone in 30 days.
And today alone, about $427 million in positions were liquidated — roughly 93,000 traders, most of them longs, with the single biggest loss $11.43 million on one trade.
The math is simple: when leverage meets a falling market, the market does not negotiate.
Lesson: size small, skip leverage, and never bet money you cannot afford to lose.
Did October change how you will trade November?
#CryptoNews #TradingLesson
Not financial advice — just my market notes.
