If anyone asks what happened during the October 10 crash, this single image tells the whole story. One of the largest liquidation events the crypto market has ever seen wiped out billions of dollars in a matter of hours. Take $WLD as an example. It crashed from $1.31 to $0.2622 in a single day. Fast forward 8 months, and WLD is still trading around the $0.42 level. Just think about that for a moment. A coin lost nearly 80% of its value in one day, and even after 8 months, it has not come close to reclaiming the level from which it collapsed. This is why risk management matters. One extreme market event can erase months or even years of gains. 📌 Not financial advice. Do your own research (DYOR).
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