Blockchain Registration Transaction Record
Crypto Market Loses $20B in Historic Flash Crash
Crypto market suffers historic $20B flash crash, worst liquidation event ever recorded. Riot Blockchain and industry face investor confidence crisis amid extreme volatility.
This historic flash crash demonstrates the extreme volatility and structural vulnerabilities that continue to characterize cryptocurrency markets, affecting millions of investors and traders worldwide. For retail investors, such events can wipe out life savings in minutes, while institutional players face significant portfolio losses and reputational damage. The crash underscores the urgent need for better risk management protocols, regulatory oversight, and investor education in the rapidly evolving digital asset space. As cryptocurrencies become more integrated into mainstream finance, these volatility events pose systemic risks that could spill over into traditional financial markets, making market stability a concern for all investors, not just those directly involved in crypto trading.
| Blockchain | Details |
|---|---|
| Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
| Transaction ID | 0x2e991918e69f927c0e919638fdfb7fb7483dc34d2962025cb414cba5ea52e7dc |
| Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
| Chain | polygon-main |
| NewsRamp Digital Fingerprint | lushIRt1-b78a071a3ca110d1463eb50974c97e35 |