How many Black Swan Events have you experienced?

1. February 2014, Mentougou Incident: Bitcoin plummeted by 80% overnight.
In February 2014, Mt.Gox, then the world's largest Bitcoin exchange, was hacked, losing 850,000 bitcoins, equivalent to 7% of the global total at that time. The price of Bitcoin collapsed directly from $800 to $100, a drop of 80%. Market confidence completely plummeted, and "MenTouGou" became one of the most tragic Black Swan Events in the history of the cryptocurrency space.
2. In September 2017, China halted ICOs: 80% of market value evaporated in one day.
On September 4, 2017, the People's Bank of China and seven other departments jointly issued a document to completely ban token financing. On that day, Bitcoin fell from $4,100 to over $2,800, a decline of more than 30%. A large number of ICO projects disappeared, and the entire cryptocurrency market's value shrank by 80%. Domestic projects rushed overseas, and investors suffered greatly, leading to widespread lament.
3. March 2020 Black Thursday: Ethereum almost in double digits
In 2020, the COVID-19 pandemic swept across the globe, leading to a complete collapse of the financial markets. The U.S. stock market experienced consecutive circuit breakers, and the cryptocurrency market couldn't withstand the pressure either. On March 12, Bitcoin plummeted from $8000 to $3800, while Ethereum dropped from $288 to $88. Countless people were wiped out clean, and market sentiment plummeted to an all-time low.
4. In May 2021, China's ban escalated: 600,000 people were liquidated.
On May 19, 2021, the three major associations in China jointly issued a document banning virtual currency businesses. Bitcoin immediately dropped from $42,000 to $29,000, plunging over 30% in a single day (later rebounding to $37,000). Both longs and shorts were wiped out, with 600,000 people liquidated, totaling up to $7 billion, making it an unforgettable night for contract traders.
5. May 2022 Luna Crash: The Cryptocurrency Myth Shattered Overnight
In May 2022, the Luna coin and UST stablecoin of the Terra blockchain completely collapsed. Luna dropped from hundreds of dollars to nearly zero, with a market capitalization evaporating by 40 billion dollars. Bitcoin also followed, dropping from 40,000 to 30,000. Subsequently, institutions such as Three Arrows Capital went bankrupt one after another, and Bitcoin briefly fell to 10,000.
6. November 2022 FTX Crisis: The Second Largest Exchange Collapse
In November 2022, FTX, the world's second-largest cryptocurrency exchange, was exposed for financial fraud, leading to a frenzy of users withdrawing their funds, ultimately resulting in a liquidity crisis and bankruptcy declaration. Founder SBF was arrested, Bitcoin dropped to $15,000, and the market fell into a trust crisis once again.