The crypto market has endured its share of sharp corrections, however the October 10 liquidation occasion, with almost $19 billion erased in hours, marked an vital turning level. The size was historic, however the end result was not the systemic breakdown that outlined 2022. As a substitute, it was a real-time stress take a look at that the market, broadly talking, handed. What we witnessed was localised somewhat than systemic.
The selloff was triggered not solely by macro headlines, however by market construction. Costs started
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