Market cap metrics in cryptos just don't make much sense. Just a 50 to 100 million in margin longs on Bitfinex liquidated at the right time can cause these so-called multi-billion losses in market cap.
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Market cap metrics in cryptos just don't make much sense. Just a 50 to 100 million in margin longs on Bitfinex liquidated at the right time can cause these so-called multi-billion losses in market cap.