$1.2 billion in Bitcoin was liquidated during last week's crypto crash. It was not simply Bitcoin, clearly. The collapse of Terra amounted to a degree of market contagion, which hurt crypto markets in general.
Do you think you have had a poor week? Try putting yourself in the shoes of a cryptocurrency day trader.
According to data analytics firm CoinGlass, between Sunday, May 8—when the TerraUSD stablecoin started losing its peg to the US dollar and crypto markets started to fall Satu...