Is this sale to sell the worst?

On February 3, one of the alternative estimates indicates $ 8 to $ 10 billion of encryption filtering. Does this fall break the record?

Many effects of encryption calls the lapse of February 3, the worst in history, described by the worse than the collapse of FTX and Terra Luna or even say it is more severe than diving associated with Covid, which saw Bitcoin loss more than 50 % of its value in a single day.

What is the collapse of encryption was the worst reality?

Any of the accidents takes the worst that may vary depending on the methodology used. Looking at the low BTC prices, we may conclude that the loss of more than 50 % in one day is much worse than the 13 % decrease that occurred on February 3, 2025. February 2025 fell from the fall in 2020. However, we do not have enough reliable data to see if This was true.

The 2022 crises related to the collapse of the Terra Luna Stapcin and the closure of the FTX exchange are more severe in terms of references from 2020, although it did not see the BTC price shrinkage within 24 hours.

Although many news outlets claim that the last fall led to more than two billion dollars of liquidating the tied encryption, the CEO of BYBIT Ben Zhu on X said that Bybit saw only $ 2.1 billion in the liquidation. Zhou estimated that the total market references ranged from 8 to 10 billion dollars. If it is right, the total filtered amount may be larger than the Covid, Terra Luna and FTX references.

As for the previous Bitcoin prices, there was a breakdown in 2011, 2013 and 2017; However, the relative lack of reliable data on these market accidents makes it impossible to compare those tremors sufficiently with those that occurred in 2020s.

In the first half of 2011, the BTC price moved from $ 2 to $ 32. In June, when the price fell to less than 20 dollars after penetrating the largest encryption exchange at the time, the price fell to $ 0.01.

Some consider it the worst fall from the BTC price. Although the price decreased dramatically, there was no guaranteed BTC trading, which helped avoid serious losses. However, the funds of Mount Gox were affected. In one year, the price reached more than $ 10 and fully recovered by 2013.

MAXIS encryption remains cold

Despite the bloodbath on the market, veteran encryption fans and professionals note that this fall does not mean the collapse of the market. Especially given that the different markets are decreased.

Interestingly, as of the time of writing this article, the price of BTC is $ 100,000 again, and accumulates about 9000 dollars after the lower mark, as it regained more than half of what was lost.

The author of Abi Al -Ghani called Robert Keusaki the brutal accident. However, we mentioned that the best assets in the world (gold, silver, real estate, bitcoin, stocks, and bonds) are sold, and this is the best time to get the rich.

Traders who used the leverage to inflate their profits more than others. Hodlers realize that the BTC price will be recovered, as happened after the previous brutal accidents. The momentum, which led to the prosperity of 2021 encryption in accumulation immediately after March 13, 2020, began the collapse of the market, indicating that in troubled times, many people see the encryption as a safe haven. In less than two months, the BTC price approached the value it had before the sale of March.

After turning off the FTX, BTC lost about a quarter of its value within two days. After a short period of uncertainty, the price began to decline again, completely recover in two and a half months and double in 13 months after the fall. The Terra Luna Stablecoin’s collapse has decreased BTC prices for a longer period. Bitcoin took more than 8 months to completely recover.

The Binne CEO, Richard Ting, reminds the community that this catastrophic sale is not the first and will not be the last, indicating that the total BTC track ascends, and ignores the sharp sharp declines. Ting faced a violent reaction, though. Many X Binance users have criticized the inclusion of value -unnealized memes, and the stock exchange was called part of the problem. However, the effects of the madness of Mimi are another topic. “This must pass” the feelings (the words published by Ten) are the current current of the encryption community.