Just watching the crypto markets and it's pretty clear the leverage unwinding is picking up steam right now. Bitcoin and Ethereum both taking some heat as traders are closing out their positions. The whole leverage crypto situation is getting messy - you can see it in the way prices are sliding without much support underneath. I've been tracking this for a bit and every time the leverage unwinds like this, it tends to accelerate quickly. Not surprising though, once one big position gets liquidated it creates a domino effect. The crypto market's been running hot on leverage for a while, so this kind of correction was probably due anyway. Curious to see where the bottom is on this one.

BTC-3,2%
ETH-4,22%
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