According to @CryptoMichNL, his altcoin portfolio is down 70%, a drawdown he says he has experienced in a previous cycle. Source: https://twitter.com/CryptoMichNL/status/1995055210168033780 He states he plans to apply the same approach again in the current cycle and has released a strategy video for traders to review. Source: https://twitter.com/CryptoMichNL/status/1995055210168033780 and https://youtu.be/9JhmS66Hp28 The update was posted on Nov 30, 2025, and includes a direct link to his strategy video. Source: https://twitter.com/CryptoMichNL/status/1995055210168033780 and https://youtu.be/9JhmS66Hp28

According to The Kobeissi Letter, Bitcoin (BTC) set a record high near $126,272 (about $2.5 trillion market cap) on October 6, before a "mechanical" shift began around October 10 after former President Trump threatened 100% tariffs on China, coinciding with a broad crypto drawdown (source: The Kobeissi Letter on X, Nov 20, 2025). The post highlights October 6 and October 10 as key reference dates for traders to gauge regime change, headline sensitivity, and risk-off flows in BTC and the broader crypto market (source: The Kobeissi Letter on X, Nov 20, 2025).

According to @charliebilello, Bitcoin (BTC) is now slightly negative year-to-date after having been up 35% at its early October peak (source: @charliebilello on X, Nov 16, 2025). This reflects a reversal of over 35 percentage points in BTC’s 2025 YTD performance from the October peak to mid-November levels, placing price below the year-start baseline for traders’ YTD context (source: @charliebilello on X, Nov 16, 2025).

According to @CryptoMichNL, altcoin markets have been printing consecutive daily red candles, signaling persistent downside pressure in the short term (source: @CryptoMichNL, Oct 31, 2025). According to @CryptoMichNL, despite the price decline, market fundamentals remain strong, framing the drawdown as a significant test rather than a structural breakdown (source: @CryptoMichNL, Oct 31, 2025). According to @CryptoMichNL, outsized returns are not easy and require substantial patience following this test, with an expectation that prices will pick up over time (source: @CryptoMichNL, Oct 31, 2025).

According to @BullTheoryio, the total crypto market cap excluding BTC and ETH has historically expanded through sharp 30–60% resets, with 2020 seeing a -60% correction and 2021 registering -36%, -57%, and -31% mid-cycle pullbacks (source: @BullTheoryio, X, Oct 13, 2025). The author states that the latest move included the largest single-day altcoin liquidation on record, with $20B liquidated, roughly $1T in market cap erased, and 70–90% drawdowns across many alts (source: @BullTheoryio, X, Oct 13, 2025). The thread argues these violent purges typically precede the strongest rallies once leverage is flushed and liquidity resets, indicating a bull-market rhythm rather than structural weakness (source: @BullTheoryio, X, Oct 13, 2025). The author concludes this was not the end of altseason but a clean-up before the next leg in the pure altcoin cycle, emphasizing the ex-BTC/ETH market structure for traders monitoring cycle timing (source: @BullTheoryio, X, Oct 13, 2025).

According to @WatcherGuru, $170,000,000,000 was wiped from the total crypto market capitalization over the past 24 hours (source: @WatcherGuru, Sep 25, 2025). This confirms a broad market drawdown within that 24-hour window based on the reported aggregate decline (source: @WatcherGuru).

According to Michaël van de Poppe, his altcoin portfolio is down more than 50% and he posted an update video on X explaining what he would have done differently, source: https://twitter.com/CryptoMichNL/status/1962062804963217437 on Aug 31, 2025.

According to @adriannewman21, a personal NFT DAO allocation of 100 ETH made two years ago has declined to roughly 1 ETH, implying about a 99 percent drawdown; source: @adriannewman21 on X, Aug 16, 2025. The author also characterizes it as the worst investment decision they have ever made, underscoring a near-total loss outcome within an NFT-focused DAO over a two-year horizon; source: @adriannewman21 on X, Aug 16, 2025.