When will the market bounce back from this unexpected crash?
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According to the CoinMarketCap data, there is a collapse in the crypto market, which resulted in the liquidation of over $875 million. How this happened and what impact does it have on overall market stability and investors safety?
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Basically, the market is shaking out the people who were over-leveraged. The dip forced a number of liquidations at once, which is why it looks so messy right now. It's painful to watch today, but it actually makes things more stable in the long run by clearing out the "junk" risk. It's a wake-up call for everyone to manage their risk a bit better.