The crash not only exposed fragility in meme coin liquidity but also highlighted potential opportunities for long-term believers in meme token Bonk (BONK).

The $15 Million Meltdown

Unipcs revealed that he suffered a $15 million loss after extreme volatility wiped out his leveraged positions in Bonk (BONK) and Fartcoin (FARTCOIN).

While Bitcoin (BTC) and Ethereum (ETH) saw moderate declines of around 13%, altcoins and meme tokens plunged by as much as 70%–99% within minutes.

'the LORD gave, and the LORD hath taken away; blessed be the name of the LORD' — Job 1:21

yesterday's liquidation event is the most brutal i've witnessed in my time in crypto

i got wiped out on ALL my perps positions

literally everything

eight figures: $30 million+ at peak… pic.twitter.com/EvOmaZT0rZ

— Unipcs

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