Founder of Cardano Charles Hoskinson says he’s lost $3 billion dollars this cycle so far on this draw down and claims he doesn’t “do this for the money.”
-5.65 Standard Deviations.
We just witnessed a -5.65σ move in $BTC using a 200-day lookback.
To put that in perspective, this volatility profile has only been reached 4 times since inception (July 14, 2010) or 0.07% of all trading days since inception (July 14, 2010)
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