đ§š Trolling Post: âCrypto Collapse: The Great Leverage Apocalypseâ
Title: Well, didnât see that coming â Turns out crypto had a backup parachute: leverage!
Post:
Wow, what a ride. According to James on Binance Square:
On October 6, Bitcoin was supposedly cruising at a mind-blowing $126,272, and the total crypto market cap was a chill $2.5 trillion.
Then, in a totally unpredictable turn of events, Trump threatened 100% tariffs on China (classic), and boom â a $19.2 billion liquidation event hits.
Suddenly, the charts go whoosh, and Bitcoin never recovers its swagger.



But hold on ⊠James argues this isnât about fundamentals (like real technology or adoption). Nope, the âmechanical bear marketâ is all about crazy leverage. Here are the key culprits, according to him:
1. Too much borrowed money: Everyone piled into long positions, like it was Black Friday at the leverage mall.
2. Cascade of liquidations: When one big player got squeezed, others followed â domino effect of selling just because leverage said so.
3. Market âironing itself outâ: He insists the market is âefficientâ and its job right now is to wash out the built-up leverage. According to him, this purging is more mechanical than emotional â no big scandal or failing product, just the math of debt.
He also points to on-chain cost-basis metrics:
The âActive Investors Meanâ is now under pressure â meaning many recent buyers are deep underwater.
If that breaks, the âTrue Market Meanâ (aka the long-term realistic value) is the next line in the sand â a level where average hodlers might start seeing âwait, maybe this was a deal.â
#BTCVolatility #ProjectCrypto #CryptoIn401k #Write2Earn #oiffiali