Crypto doesn’t just moon — sometimes, it crashes harder than anyone expects. These are some of the most brutal daily red candles ever recorded — by both dollar loss and percentage collapse.
💥 1. Largest Daily Collapse by Market Cap
✅ Terra (LUNA) — May 11–12, 2022
Price Crash: ~$80 → < $0.01
Loss: Over 99.99% in 48 hours
Market Cap Wipeout: Over $60 billion
Reason:
🧨 UST stablecoin depegged
🔁 Mint-burn loop spiraled out of control
📉 Massive sell-offs + network freeze
❌ Trust in algorithmic stablecoins collapsed
🔥 This remains the biggest crash ever seen in such a short time in crypto.
📉 2. Largest Dollar Loss in 1 Day
✅ Bitcoin (BTC) — March 12, 2020 (Black Thursday)
Price Crash: ~$7,900 → ~$4,400
Loss: ~$3,500 in one day
Reason:
🌍 Global markets panic (COVID-19 onset)
📉 Mass liquidations across futures markets
🚫 Investors rushed to cash out — even BTC
👉 This was a moment where even Bitcoin wasn't “safe.”
🪙 3. Other Brutal Downtrend Candles
✅ Solana (SOL) — Nov 2022
Drop: ~60%+ in days
Reason:
FTX collapse + ecosystem exposure
📉 Liquidity fears
💣 Chain trust broke overnight
✅ FTX Token (FTT) — Nov 8–9, 2022
Crash: ~$22 → ~$2
Reason:
Revealed insolvency
📰 Binance pullout + panic sell
🔥 Exchange death spiral
🧠 Key Takeaways for Traders:
No coin is “too big to fail”
Always diversify — even top 10 coins can collapse
Use stop-loss & manage exposure
Watch stablecoin stability and ecosystem risk
📌 Want to read how massive green candles changed lives?
📈 Check my post:
👉 “World’s Biggest Uptrend Ever” — 1000% surges that made crypto history!
