📉 In the crypto market, big whales and institutions are reducing leverage and reducing their positions. 🐋 These institutions moved 11,429 ETH ($33.2 million) to Binance in the last hour.

They borrowed $107.8 million in stablecoins with collateral of 53,000 ETH ($154 million) through Comppund/Aave. If ETH falls to $2,526, their positions will reach the liquidation level.

With ETH falling rapidly, they sold some of it to reduce their leverage and paid off their debt. 😰💸