I couldn't sleep from examining the data. According to Coinglass, the total amount of liquidity is 19.21 billion $.

Of this, 16.74 billion $ is long liquidation.

According to Coinglass, this amount is much higher because liquidity data from exchanges cannot be fully recorded during such extreme events when transferred to the API.

When viewed this way, we see that perhaps more than 20 times the amount of the 2020 Covid collapse has been liquidated. This is an incredibly large amount.

Today, while I was incurring losses in my open trades, I managed to balance those losses with what I acquired during the crash. However, I gained a much greater experience.

There were accounts sharing that some whales opened extremely large short positions during the day. These must be insiders who know that Trump will make a decision to impose a 100% tariff on China.

The collapse that occurred today was due to a major operation carried out in connection with this news. If we think of it only as news, Trump had already made the decision to impose tariffs on the whole world. At that time, there had been very large winners in all markets.

Today was a day when the majority lost once again. There is extreme risk inherent in cryptocurrencies. The world's toughest market. What has happened has happened; there is nothing to be done.

What happens next? What happened in previous crashes will happen again. Markets will gradually stabilize. Once liquidity is established, we may start to see positivity. However, there isn't much that can be done for the next few days.