Never said that disasters represent a price drop. Otherwise, it is impossible to explain why the price of BTC, which was liquidated for 1.1 billion on June 13, ultimately remained unchanged.
Disasters always refer to massive losses for a large number of investors. As for whether there are losses among those, it is up to oneself to decide.
Look at history and compare it with the price at that time! The price hasn't changed at all, and the liquidations are still recorded in history.