@cerveza0x
Here’s your daily crypto recap:
• Top narratives / headlines
• Spot Bitcoin ETFs logged ~$500–536 million outflows recently, signalling institutional risk aversion after the summer rush. 
• Macro‑tail‑risk remains front‑of‑mind: escalating U.S.–China trade tensions triggered one of the largest liquidation events in crypto history (~$19 billion) just days ago. 
• Amid the shake‑out, ETH is seeing relatively more “stickier” capital and may benefit if market flows rotate into Layer‑2/DeFi infrastructure plays going into year‑end.
• On‑chain / derivatives highlight
Over the past 24 h roughly $1.2 billion in leveraged crypto positions were liquidated (predominantly longs), reflecting elevated risk and thin directional conviction. 
#BTC #ETH #Crypto #OnChain #Farcaster