Founder of DeFiance Capital: If BTC drops another 20%, retail wealth losses may exceed the levels seen in the 2022 bear market

The founder of DeFiance Capital, Arthur (@Arthur_0x), posted on the X platform stating that even if no large entities/protocols collapse due to massive erroneous investments, if the price of Bitcoin drops another 20%, the wealth loss for retail investors in this round of the cryptocurrency market could be greater than the wealth loss during the bear market of 2022.