Where does the money go when crypto crashes?
I'm curious, where does the money go when the cryptocurrency market crashes? It seems like billions of dollars can disappear overnight, leaving investors scrambling to recoup their losses. Is it just vaporized into thin air? Or does it somehow transfer hands, with some lucky few walking away unscathed? It's a baffling concept to grasp, given the digital nature of these assets. Could you enlighten me on what happens to the money in these crashes? Is it really lost forever, or is there some underlying mechanism that redirects it?