How many black swan events have you experienced?
1. Mentougou incident in February 2014: BTC plummeted 80%
BTC suffered a sharp drop in the Mentougou incident in February 2014, with a drop of 80%.
2. September 4, 2017 incident: market value plummeted by 80%
On September 4, 2017, due to Chinese regulatory measures, the market value of the entire crypto market evaporated by 80%.
3. March 12, 2020 incident: ETH fell to $80
On March 12, 2020, the global market plummeted, and the price of ETH plummeted to $80, with heavy losses.
4. May 19, 2021 incident: 600,000 contracts liquidated
On May 19, 2021, the market collapse caused 600,000 contracts to be forced to close, with huge losses.
5. Luna incident in 2022: crisis in the DeFi field
In 2022, the collapse of Luna triggered a major crisis in the field of decentralized finance (DeFi).
6. FTX explosion in 2022: market trust was frustrated
In 2022, the explosion of FTX caused the market's trust in cryptocurrencies to be seriously damaged.