This is fucked up on so many levels.
Since Oct 10th, $70 BILLION in crypto leveraged positions has been liquidated.
Where did it go? Straight to insiders, MMs, and exchanges.
Think about this: Total Altcoin MCap is sitting at $168B today. If that $70B of wiped-out capital went into these spot assets instead, alts would be significantly higher.
The obsession with gambling on memecoins and high-leverage futures trading to get rich overnight has completely ruined retail investing.
Please HOLD IN SPOT and stop destroying your portfolio with leverage