The story of the crypto world is always full of volatility and surprises! Larry Cermak, CEO of The Block, shared some interesting insights in The Scoop podcast. He pointed out that in the past crypto bull runs, the market has seen at least three 20% declines, and the recent correction has not even reached this magnitude. 🌊

Cermak believes that this decline helps to clear over-leveraged positions in the market and accumulate strength for the next round of gains. He added that while bull runs often end in this way, clearing out excessive leverage is beneficial to the market. 📉

In short, volatility in the crypto market is both a challenge and an opportunity. 🔄