Chinese Analyst Reveals Yesterday’s Cryptocurrency Crash and Future Predictions: “It Wasn’t Normal”

The recent cryptocurrency market crash has been described as similar to major market makers actively withdrawing ￰0￱ and former community partner of the defunct exchange FTX, Benson Sun, noted on social media that many altcoins lost more than 60% of their value last ￰1￱ to Sun, while previous waves of excessive liquidation saw liquidations of around $1-2 billion, this time the volume has reached ￰2￱ analyst argued that the US stock market can be expected to follow suit, but the short-term market loss experienced in the altcoin market cannot be explained by “normal leverage liquidation.” Related News: Last Night, the Prices of Two Major Altcoins Officially Dropped to $0 on Binance - An Unbelievable Event Sun explained that the situation stemmed from a sudden and deep market vacuum caused by large market makers actively withdrawing ￰3￱ to the analyst, this decline was even more severe than the crashes of March 12 and May 19.

“The deleveraging in this cycle is the most comprehensive ￰4￱ market bubble has completely deflated, and risk leverage has fallen to zero,” Sun said, but still painted an optimistic picture for the fourth quarter of 2025. *This is not investment ￰5￱ Reading: Chinese Analyst Reveals Yesterday’s Cryptocurrency Crash and Future Predictions: “It Wasn’t Normal”