Rekt

1. meme

Slang for 'wrecked', used to describe a large loss of value in a short period of time, usually from a short or long closing unexpectedly.

1.1

When the price goes up quickly and unexpectedly, lots of people who have open short orders get liquidated instantly, getting rekt in the process.

* All terms and definitions may update as the Cryptionary improves.

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