Largest Liquidation in Crypto History

[madmax]

Friday’s tariff shock triggered crypto’s largest liquidation ever, wiping nearly $1T in market cap. Over 1.6M leveraged longs were liquidated as Bitcoin posted its first-ever $20K red candle, before a rapid V-shaped recovery.

[Abdul Khan]

Massive liquidations often cleanse the market — paving the way for healthier price growth.

[Nahid Hossen]

Painful but necessary; history shows major liquidations tend to mark long-term bottoms.