Depth is quoted everywhere — duration is what you actually live through
Backtests and rankings quote maximum drawdown as a single depth, which makes two very different histories look identical. What actually removes people from a position is how long it stays down: the cost of a drawdown is paid in months of watching, not in the one day the low prints.
The share of days spent below a previous high is the least flattering statistic an asset has, and it is almost never shown. It is high even for assets that rose a great deal, because new highs are rare by construction — most days sit somewhere under a level you have already seen. Knowing that number in advance is a better test of whether you can hold something than knowing its worst depth.
Maximum drawdown is normally reported as a single depth, which makes two very different histories look the same. One asset falls half and recovers within a quarter; another falls half and is still below that level three years later. The depth figure is identical and the experience of holding them is not remotely comparable.
So this page lists every drawdown of ten percent or more with three durations: how long the fall took, how long the recovery took, and the total time spent below the old high. The deepest episode and the longest one are frequently different, which is a useful thing to see before deciding that depth is the risk you care about.
The figure that gets omitted most often is the share of all days spent below a previous high. It tends to be surprisingly large even for assets that rose enormously, because new highs are rare by construction — most days sit somewhere under a level you have already seen. Knowing that proportion in advance is a better test of whether you can hold something than knowing its worst depth.
⚠️ Not investment advice. Figures use daily closes since the coin listed on Binance, so an earlier peak on another venue is not counted and intraday lows are excluded. A drawdown that has not recovered is measured to today and will keep growing. All decisions and risks are your own.
The fall from a record high to the lowest point before that high is beaten again. It is quoted as a depth, but it also has two durations that matter: how long the fall took and how long the recovery took.
Because the cost of a drawdown is paid in time spent watching, not on the single day the low prints. A 50% fall recovered in three months and a 50% fall still unrecovered after three years are the same figure and completely different to hold.
The share of all days the asset spent below a previous high. It is usually large even for assets that rose a great deal, because new highs are rare by construction — most days sit under a level you have already seen.
Because a sharp crash can recover quickly while a shallow decline can grind on for years. Ranking by depth and ranking by duration give different answers, which is worth knowing before treating depth as the only measure of risk.
Ten percent moves happen constantly in crypto and listing them all would bury the episodes that mattered. The threshold is a readability choice rather than a meaningful boundary, and it is stated so you can interpret the list accordingly.
Not always. They use daily closes since the coin listed on Binance, so intraday lows are excluded and an earlier peak on another exchange is not counted. Every model on this site uses daily closes, which keeps these numbers consistent with the forecasts.