Are you still thinking the same thing about Uptomber? The market suddenly turned red. It was the biggest drop in recent times. Perhaps they got their way by spreading the word about Uptomber. $500 billion was wiped out of the market in an instant. October may be remembered differently in the coming years thanks to this night. Bitcoin, which had been trading at $122,000 during the day, suddenly dropped to $102,000. Altcoins experienced even greater declines.
It happens literally out of nowhere, even some altcoin is going to zero momentarily, it's literal $0.0 price like iotx. It's indeed crazy.
Though to be fair just because market dumped, doesn't mean it will dump forever, the liquidated perp position can act as a fuel to lift the market.
Recent liquidation is far bigger than in the covid-19 and ftx collapse period.