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Buttcoin @awful.systems

Hinterwalder-65195 @feddit.org

3w ago

StoRe of vAluE

finance.yahoo.com

Biggest Crypto Liquidation Ever Sees $16B Longs Decimated Amid Market Chaos

Buttcoin is a safe haven investment for troubled waters.

5 comments

Link doesn't work for me.
- First §
  Crypto liquidations continued their rout early morning Asia hours after the broader crypto market continued its plunge hours after U.S. President Donald Trump threatened 100% tariffs on Chinese imports via a Truth Social post, which triggered a global risk-off wave and wiped out more than $16 billion in long positions by midday Hong Kong time.
  edit: why the fuck would someone downvote this
- Correct. He works for Zelda.
  
  Weird, it works on my desktop. But initially on phone it didn't.
Friday's crash saw crypto's worst liquidation in terms of pure volume, seeing over 10 times as much dollar value liquidated as the crashes when FTX collapsed in 2022 or when global markets melted down during the early COVID lockdowns.
yes sir the market is completely real. don't ask about tethers
the value is, as usual, stored in the pocket of the next sucker