One Year After $19 Billion Crypto Crash, Industry Still Debates What It Learned

A year on from a record liquidation event, CoinDesk and CryptoBriefing both revisit whether crypto risk practices have actually changed. A year ago, crypto markets suffered one of their largest single liquidation events on record, with an estimated $19 billion wiped out across leveraged positions. CoinDesk and CryptoBriefing both marked the anniversary this week, asking a shared question: has the industry actually changed how it manages risk since then. The event has become a reference point for discussions about leverage in crypto derivatives markets. Large liquidation cascades expose how quickly cascading margin calls can amplify price moves.

Source: TheCoinrise