Leverage unwinds erased $1.7 billion across crypto, with ETH suffering its largest liquidation cascade since 2021. Institutional buying, including a $632 million bitcoin acquisition by Metaplanet, failed to offset whale-driven selling, while rising malware scams underscored urgent security hygiene.
Reddit
#crypto liquidations
#eth liquidations
#whale selling
#malware scam
#institutional bitcoin purchase
