bear markets don't just destroy retail


they destroy everyone
retail portfolios down 70%
altcoins down 90% to 99%
vcs sitting on massive unrealized losses
btc miners revenues collapsing
market makers liquidity dries up
founders cutting teams, runway disappears
exchanges trading volume collapses
project githubs go silent
builders funding becomes almost impossible
it's a stress test for the entire crypto industry
BTC-0.28%
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GateUser-93f0f892
· 6h ago
The bull market at its peak 🐂
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