Binance Square
#2021

2021

27,082 views
45 Discussing
Micki Kromer OOeH
·
--
Guys, I stumbled upon this old chart today, and it hit me hard. On May 19, 2021, Bitcoin experienced one of the most brutal liquidity crashes since the "Black Thursday" on March 12, 2020. Back then: Bitcoin had just listed on Coinbase and skyrocketed past $60k, creating massive FOMO across the market, with retail traders going all in using 50x, 100x leverage. The result... a single day saw the maximum price difference hit $11,506! In just one day, it plummeted 47.3%, with a staggering drop of $13,500 from the peak to the trough! Countless high-leverage players were wiped out instantly, with positions worth millions, even tens of millions, evaporating in minutes. The liquidation machines were having a field day, and the blockchain was flooded with the blood of liquidations. #2021
Guys, I stumbled upon this old chart today, and it hit me hard.
On May 19, 2021, Bitcoin experienced one of the most brutal liquidity crashes since the "Black Thursday" on March 12, 2020.
Back then: Bitcoin had just listed on Coinbase and skyrocketed past $60k, creating massive FOMO across the market, with retail traders going all in using 50x, 100x leverage. The result... a single day saw the maximum price difference hit $11,506!
In just one day, it plummeted 47.3%, with a staggering drop of $13,500 from the peak to the trough! Countless high-leverage players were wiped out instantly, with positions worth millions, even tens of millions, evaporating in minutes. The liquidation machines were having a field day, and the blockchain was flooded with the blood of liquidations.
#2021
#Crypto is quietly entering a new era. #2021 was driven by hype. #2026 is being driven by infrastructure. The biggest narratives right now are: • AI • Stablecoins • RWAs • On-chain finance • DePIN This market feels much more institutional than emotional. And most retail #traders ders still don’t fully see it.
#Crypto is quietly entering a new era.

#2021 was driven by hype.

#2026 is being driven by infrastructure.

The biggest narratives right now are:
• AI
• Stablecoins
• RWAs
• On-chain finance
• DePIN

This market feels much more institutional than emotional.

And most retail #traders ders still don’t fully see it.
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number