The position of the market relative to levels where investors are likely to be under serious financial pressure. The next step is to assess the investor response, by analyzing the magnitude of losses locked in during the event.#BTC☀ #Btctopcrypto #usdoller #usdtstory $BTC $BTC

The sell-off triggered a surge in panic by investors, with around $1.38B in realized losses locked in by market participants. In absolute terms, this is the 13th largest event in history on a USD denominated basis.