X @Ash Crypto

Market Analysis - Altcoin market capitalization excluding the top 10 cryptocurrencies experienced a significant decline, dropping from $300 billion to $163 billion, representing a 45% crash in total market capitalization within 45 minutes [1] - The report suggests this rapid decline was likely due to manipulation by centralized exchanges (CEXs)/market makers (MMs) or a systemic issue related to cross-margin products [1] Risk Assessment - The report highlights the lack of accountability for the financial losses incurred by millions of individuals due to this event, referring to it as an "Error" [1]