The crypto markets just experienced the largest liquidation event in history, bigger than FTX, Luna, or even the 2020 COVID crash. More than $19 billion vanished overnight, 1.6 million traders were wiped out, and ATOM briefly traded at $0.01 on Binance. In this video, I explain what happened, why it matters, and where the market might go from here, including what this means for Cosmos, ATOM, and the future of altcoins. Watch until the end to understand how this moment could reshape the entire crypto landscape.