๐จ BREAKING: Crypto liquidations just surpassed $10 BILLION, marking the largest liquidation event ever.
Hereโs how it stacks up against past major crashes:
๐ฅ May 2021 โ Bitcoin drops 30%; ~$6B liquidated (China crackdown + Elon Musk tweets + over-leverage)
โก Mar 2020 โ โBlack Thursdayโ crash; ~$4B liquidated
๐ May 2022 โ Terra/Luna collapse; ~$2B liquidated
๐ฅ Jun 2022 โ Celsius withdrawal freeze; ~$1.2B liquidated
๐งจ Nov 2022 โ FTX fallout; ~$1.5B liquidated