What is Rekt in crypto?

In the context of cryptocurrency, "Rekt" can be referred to as "liquidation" in professional terms.

"Rekt" is a slang term commonly used in the cryptocurrency community to describe a situation where a trader or investor suffers significant losses or gets "wrecked" financially. It is derived from the word "wrecked" and is used to express the idea of someone being ruined or destroyed due to their poor trading decisions or unfortunate market movements.

When someone says they got "Rekt" in crypto, it typically means that they experienced a substantial loss in their cryptocurrency investments or trades. It is often used humorously or as a way to empathize with others who have faced similar losses in the volatile and unpredictable crypto market.

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