During yesterday's livestream, we were sighing over the situation. A conservative estimate suggests this black swan event liquidated $60-80 billion. Jeff hinted that it might be even more, saying that CEXs probably haven’t disclosed a lot of the data. The meme frenzy continued over the weekend. BNB bounced back to a new high, and YB’s token launch was oversubscribed by 200-300x again. It feels like nothing happened in the market—everything looks vibrant and full of life. We just went through the biggest liquidation black swan event in history. Is the market recovering too quickly, or are there so many retail investors who simply can’t voice their struggles, leaving us trapped in the echo chamber of Twitter timelines? Retail investors really have no money left.