Extreme Leverage Accelerates Crypto Selloff as Markets Shed $1.1 Trillion in 41 Days
Digital asset markets lost $1.1 trillion over 41 days as overleveraged positions unwound in what market analyst Shanaka Anslem Perera describes as a structural reset rather than a typical correction. The cascade, which ran from Oct. 6 through Nov. 17, forced the closure of billions in derivative pos