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 will change as the Cryptionary improves
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