Crypto’s Great Unwinding: A Tale of Leverage, Liquidity, and Lunar Laughs 🌕
What a spectacle! A tsunami of forced liquidations has rattled the cryptocurrency realm, exposing the folly of excessive leverage in this digital playground. Galaxy, that doyen of digital assets and AI infrastructure, took to the social media stage on X (formerly known as Twitter, darling) on Oct. 13 to offer its pièce de résistance-an analysis of this financial fiasco. The selloff, they proclaim, was nothing short of a historic liquidation extravaganza.






