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Why does it feel like the crypto world is getting harder to play in now?
So all the major “Big Liquidations” over the years finally caught up with me! 😂😂
The 312 event in the crypto world: a historic plunge! One day it dropped from about $8,000 to a low of about $3,788, a decline of over 50%.
As a result, when I look at the liquidation rankings now, I can’t even squeeze into the top ten among the liquidations from 2021 to 2025.
On 2025-10-10/11, liquidation of $19.16 billion—the largest in history, far exceeding all previous events.
On 2021-4-18, liquidation of $9.94 billion.
On 2021-5-19 (519 event), liquidation of $9.01 billion.
You can really see how much the crypto world has changed these past few years—funding has surged, institutions have entered, and there really are more wealthy people too.
Every time a massive crash wipes everything out to zero, we become a bit more mature, and through these bloody lessons, we slowly learn to respect leverage and cherish survival.