Behold, the crypto crash-a tempest of unprecedented fury, where hidden leverage, like a serpent coiled in the grass, struck with venomous precision. Over $19 billion, a fortune as fleeting as a candle’s flame, was snuffed out as the market’s fragile edifice crumbled. Traders, in their hubris, had abandoned the solid ground of spot trading for the treacherous waters of leveraged positions, lured by the siren song of perp DEX airdrops. Thus, they masked the true perils of the market, only to be caught in the maw of its insatiable hunger. When Trump’s 100% tariff announcement, a thunderclap in the calm, struck the already overbought equities market, it was as if the gods themselves had tipped the scales. The altcoins, those fragile blossoms of speculation, withered under the weight of overexposed leverage and mismatched valuations, their liquidity evaporating like mist at dawn. A brutal reset, yet a prelude to the next cycle-a dance of chaos and rebirth. 🌪️💸