It’s only been going 15 years.
Apparently this “historic” event was triggered by a guy imposing sanctions on a country. Whilst I understand the implications of these tit-for-tat sanctions if they truly are the cause of the “historic” event then crypto’s sensitivity to, well, anything really, is bizarre. What would happen if something serious actually occurred? Do crypto owners know why a sanctions spat would eliminate 100% of some positions? Clearly the 80% nuking of the top 100 “blue chip” tokens requires a new definition of ‘blue chip’.
