# scams

A one-hour $60 billion drawdown collided with renewed $150,000 price targets, highlighting how sentiment can swing faster than prices. Alongside the volatility, warnings about using credit, fresh reports of wallet scams, and hints of a US Bitcoin reserve underscore that retail bears most of the operational risk while policy headlines drive narrative.

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.