There are six major black swan events in the cryptocurrency world. How many have you experienced?

1. Mentougou Incident in February 2014: Bitcoin price plummeted by 80%

In February 2014, the Mt. Gox incident was considered one of the most serious incidents in the history of the cryptocurrency industry. At that time, the world's largest Bitcoin exchange, MTGOX, was hacked and lost nearly 850,000 Bitcoins, accounting for 7% of the world's total Bitcoin. This incident not only caused the Bitcoin price to plummet by 80%, but also triggered a crisis of confidence in the cryptocurrency market.

2. September 4, 2017: Market value evaporated by 80%. The cryptocurrency market experienced huge fluctuations in 2017, with the market value evaporating by 80% in just a few days. Investors suffered heavy losses in this crisis, but it was this experience that made people understand the complexity of the cryptocurrency market more deeply.

3. March 12, 2020: Ethereum plummeted to $80 On this heartbreaking day, the price of Ethereum plummeted to below $80. This incident made people see the impermanence and uncertainty of the cryptocurrency market. Despite this, the belief that cryptocurrencies have great potential and value remains firm.

4. The May 19, 2021 incident: 600,000 contract dogs were liquidated This was a shocking incident. 600,000 contract dogs were liquidated overnight, and countless investors suffered huge losses. This incident once again reminds us that the cryptocurrency market is full of risks and uncertainties.

5. The Luna Black Swan Event in 2022: Crisis in the DFI Field The Luna Black Swan Event marked a major turning point in the cryptocurrency market, triggering a major crisis in the field of decentralized finance (DFI) and having a profound impact on the market.

6. The FTX explosion in 2022: a crisis of market trust

The FTX explosion incident triggered a crisis of confidence in the entire cryptocurrency market, which dealt a severe blow to the market. Although the market has been relatively friendly to us this year, these tragic events still sounded the alarm for us, reminding us to stay vigilant at all times. $BTC