DeFiance Capital founder: If BTC drops another 20%, retail investors' wealth losses may exceed the levels seen in the 2022 bear market
ChainCatcher news, DeFiance Capital founder Arthur (@Arthur_0x) posted on X, stating that even if no major entity or protocol collapses due to large-scale misinvestment, as long as the price of bitcoin drops another 20%, the wealth loss of retail investors in this round of the cryptocurrency market could be even greater than the wealth loss during the 2022 bear market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sui DeFi Protocol AlphaFi Winds Down After Oracle Debt Issue
CME Group Launches Micro Futures for SUI and Sui Ecosystem DeFi
SEC Crypto Asset Rules Clarify Token Buybacks and Upgrades
