1st Anniversary Review of the October 11 Crash: Crypto Market Risks Persist, Investors Need to Reasonably Control Leverage
It has been one year since the "Oct 11 Crash". Back then, Bitcoin hit an all-time high of roughly $126,000, then plummeted rapidly from around $122,000 to $105,000, sparking about $19 billion in epic liquidations across the crypto market. On the anniversary, institutional analysts are revisiting the crash’s impacts and lessons on the crypto sector. Mark Connors, head of Risk Dimensions, pointed out the market topped out extremely quickly, with open interest near all-time highs, as numerous trade
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