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The Crypto Assets market is experiencing another major shock, and investors are facing unprecedented challenges.
Today, the Crypto Assets market experienced a thrilling major liquidation, with a total scale reaching an astonishing $19.16 billion. This figure not only set the largest single-day liquidation record in the history of Crypto Assets but also far exceeded previous significant events.
Looking back, during the early outbreak of the COVID-19 pandemic, the market experienced a liquidation of 1.2 billion USD. When the FTX exchange collapsed, there was also a liquidation of 1.6 billion USD. However, today's liquidation scale is nearly 20 times that of the market turmoil triggered by the COVID-19 pandemic in March 2020.
This unprecedented liquidation event will undoubtedly leave a significant mark in the history of Crypto Assets development. It not only reflects the extreme instability of the current market but also showcases the high-risk characteristics of the digital asset sector.
For investors at the center of this storm, it is undoubtedly a difficult time. However, just like every major rise and fall the Crypto Assets market has experienced in the past, this intense volatility may also become another important milestone when looking back in the future.
In such a market environment, it is particularly important to remain rational and calm. For those investors who are still holding on, perhaps this is the moment to test their risk tolerance and long-term investment beliefs.
In any case, the market performance of this day once again proves that the world of Crypto Assets is always filled with uncertainty and challenges. It reminds us how important it is to remain vigilant and maintain a learning attitude in this rapidly evolving field.