According to Warren Buffett, as cited by @WarrenBuffett on Twitter, the famous phrase 'You only find out who is swimming naked when the tide goes out' underscores the importance of risk management and due diligence in volatile markets. For crypto traders, this means that periods of market correction, such as those seen in Bitcoin and Ethereum in early 2024, often expose overleveraged positions and unsound projects. Recent data from Glassnode shows that over $200 million in leveraged positions were liquidated during the latest Bitcoin pullback, confirming Buffett's insight on market exposure and hidden risks (source: Glassnode, @glassnode). Traders should focus on robust risk controls and monitor on-chain metrics to avoid being caught off guard during market downturns.