Story Highlights* Over $1.2 trillion was wiped from crypto markets in eight weeks as extreme leverage unraveled.
Analyst Shanaka Anslem Perera calls it a calculated execution, not a crash.
Despite the wipeout, crypto adoption, institutional interest, and regulation hit new highs.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Crypto Market Cap Drops $1.2 Trillion in Eight Weeks - Was This Reset Needed?
Story Highlights* Over $1.2 trillion was wiped from crypto markets in eight weeks as extreme leverage unraveled.