After $500 billion crypto crash, analysts warn market reset exposes leverage risks — TradingView News
With traditional markets closed for the weekend, crypto traders witnessed a massive selloff on Friday evening. After U.S. President Donald Trump confirmed he would impose a 100% tariff on imports from China, more than half a trillion dollars had been wiped out, with the total crypto market falling over 10%.
Crypto liquidations quickly hit $10 billion and neared $20 billion later that evening, and many estimate the full data could be as much as four times that amount. One trader said Friday’s drawdown was, in dollar terms, the largest liquidation event in crypto history. Markets began to stabilize over the weekend, though some say the drop was a reminder that, as the crypto market matures, the risks are amplified.
“The arrival of spot…