The most devastating outcome is a 4-year bear market for alts vs BTC in which market participants progressively added leverage risk on the way down only to get zeroed out in the worst liquidation event for alts in history at the pico-bottom of said 4-year downtrend
And then alts as a % of BTC bottom at the precise level they bottomed at in Dec 17, Aug 19 and Dec 20
Would be brutal
Eric Trump 25.02.2025: “Buy the dips”
Result: crypto crash
Eric Trump 02.08.2025: “Buy the dips”
Result: crypto crash
Eric Trump 17.08.2025: “Buy the dips”
Result: crypto crash
Eric Trump 27.09.2025: “Buy the dips”
Result: crypto crash
Do you see a pattern here?
Let's look at the winners and losers of today's stress test!
1. $SOL was true layer 1 winner. Max TPS , no downtime and low cost.
2. $HYPE no issues at all. Insane fees!
3. $ZEC actually gained on the day!
4.$MERL also gained on the day!
4. $ETH was slow and expensive! $1500 plus per transaction.
5. CEX'S failed. I hate to say it but Binance failed worst!
6. Centralized Market makers failed. Decentralized solutions (like DERIW) worked well!
7. $ATOM went to zero.
what else?
For people still don't know how bad yesterday was, here quick summary:
$ATOM went from $4 to $0.001
$SUI went frim $3.4 to $0.56
$APT went from $5 to $0.75
$SEI went from $0.28 to $0.07
$LINK went from $22 to $8
$ADA went from $0.8 to $0.3
Top 100 blue chips nuked 80% in a few minutes.
🐍 2025 is the year of the snake.
🪦 eclipse season was ur death.
🐦🔥 october is ur rebirth month.
by the end of this year you will know who ur real friends & family are.
I’ve been through worse drops in my life, but this one is definitely up there with the most iconic moments I witnessed in nearly a decade of being here. That is saying a lot.
It was the speed at which it happened that left me shocked and puzzled.
Bitcoin barely suffered on this hit. I think that’s why it’s easier for me to stomach this time around.
One of those days you will never forget where you were or what you were doing.
This was the worst crypto liquidation event in history.
These numbers are f*cking insane.
$19 billion!
A complete market reset. Anyone using leverage got completely flushed.
Poor people suffer. Rich people suffer. Single people suffer. Married people suffer. Entrepreneurs suffer. Employees suffer.
Suffering is a fixed cost of life.
So pick a life worth suffering for.
It's astonishing how far being relentless, unyielding, and indefatigable will take you. The world overestimates the lazy genius and underestimates the simpleton who never stops.