How many black swans have you experienced?
1. Mentougou event in February 2014: BTC fell by 80%
BTC suffered a sharp fall in the Mentougou incident in February 2014, falling by 80%.
9.4 events in 2017: The market value plummeted by 80%
On September 4, 2017, the entire crypto market lost 80% of its value due to Chinese regulatory measures.
3.12, 2020 event: ETH falls to $80
On March 12, 2020, the global market plunged, and the price of ETH plunged to $80, with heavy losses.
4. May 19, 2021:600,000 contracts liquidated
On May 19, 2021, the market crash led to the forced liquidation of 600,000 contracts, resulting in huge losses.
Luna Event 2022: Crisis in the DeFi sector
In 2022, Luna's collapse triggered a major crisis in the decentralized finance (DeFi) space.
6. FTX Explosion in 2022: Market trust is frustrated
In 2022, the FTX mine incident caused the market's trust in cryptocurrencies to be seriously damaged.