Nearly $1 billion in leveraged crypto positions were liquidated as Bitcoin fell 8% and Ether 10%, deepening a selloff that began after Trump’s tariff threats wiped out $19 billion in leveraged bets. Smaller tokens continue to collapse, while Strategy Inc. set aside $1.4 billion after concerns about its mNAV and Bitcoin exposure hit its shares. Spot Bitcoin ETFs saw modest inflows after heavy monthly outflows as traders watch economic data and rate expectations into year-end.
